Current trend: Bearish, trading below key MAs.
Support: Around $0.1950 and $0.1846.
Resistance: Around $0.2080–$0.21.
Long-term hold? Risky now — wait for reversal signals or accumulate slowly if you believe in the fundamentals.
For a potential long-term position, here are key buy zones based on the chart:
1. Accumulation Zone (High-Risk Entry):
- $0.1850 – $0.1950
- Near support, but still in a downtrend. Start small here if you believe in the project.
2. Strong Buy Zone (If It Drops More):
- $0.1650 – $0.1750
- Deeper support area if price breaks below $0.1846. Bigger buying opportunity if volume supports a reversal.
3. Confirmation Buy (Safer but Higher):
- Above $0.2100
- When price breaks above the moving averages with volume. Safer entry with bullish confirmation.
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Tip:Use DCA (Dollar Cost Averaging) across these zones to manage risk. Want help setting a DCA plan or alert levels?
