Will it reach 0.1 in the coming days? The pair recorded an increase of 100% to reach a price of 0.0440 USDT, indicating strong buying momentum. The moving averages show an upward trend with MA7 at 0.0400 above MA25 at 0.0301 and above MA99 at 0.0241, reinforcing the buy signal.

Technical Indicators

- RSI6 is at 78.8, indicating a potential overbought condition, but momentum may continue in the bullish market.

- MACD is positive at 0.0008, confirming the continuation of the upward momentum.

- The large trading volume at 34.6 million reflects strong interest in the currency.

Key Levels

- Support: 0.0373 and 0.0315 (attractive areas for buyers in case of a correction).

- Resistance: 0.0475 (breaking this level could push the price towards 0.05 and higher).

Proposed Actions

- For new buyers: wait for a break above 0.0475 to enter new positions.

- For position holders: monitor the RSI to avoid sharp corrections.

- For conservative investors: wait for a test of support levels at 0.0373 to enter at better prices.

Forecasts

If momentum and high trading volume are maintained, the price may target the level of 0.06 USDT soon. It is recommended to set a stop-loss at 0.0373 to protect profits.

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