Technical Analysis:
• The current price is approximately $0.1905 with a daily drop of 5.35% and a 7-day drop of -31%.
• However, the currency recorded an increase over 30 days of +207%, and +84% over 90 days, reflecting renewed interest from investors recently.
• The highest price in 24 hours reached $0.2020, and the lowest price was $0.1904, with a noticeable decline in trading volumes after a sharp jump.
• Technically, the stock is undergoing a correction after a strong price explosion, but as long as it maintains support in the area of $0.18$ - $0.17, the medium-term trend remains bullish.
• Note: The stock has risen over 30 days by more than 185%, which may enhance prospects for further corrections before completing the ascent.
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Summary:
• Fundamentally, it is a strong project with real applications in the institutional market.
• Technically, despite the current correction, holding above support areas may open the door for a new attempt at rising.
• Be cautious of short-term volatility, and monitor support closely.
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