BABY/USDT Big correction going on bearish move
support and resistance levels:
Resistance Levels:
$0.12450 – This is the recent local high and marks a strong resistance level.
$0.12500 – Psychological round number and previous wick top.
Support Levels:
$0.10215 – Previous consolidation and small pullback before the recent push.
$0.08795 – A recent support area where price consolidated before moving up again.
$0.07600 – Daily low and a major support level in the short term.
Observations:
The strong bullish candle followed by a correction and another bounce suggests renewed buyer interest.
Price is currently holding above the 7-period MA ($0.10013), which is acting as dynamic support.
Volume has dropped a bit after the major move, so watch for either a breakout above $0.12450 or a retest of support around $0.108–$0.087.