Strong Support Area:
$0.0000096 – $0.0000110: This area is considered one of the strongest current support zones, where the currency has experienced repeated bounces during previous correction periods.
2. Medium-Term Support:
$0.00001050: This level coincides with the 50-day moving average, making it a technical support point.
📉 Additional Technical Indicators
Relative Strength Index (RSI): Shows levels indicating oversold conditions, which may suggest a potential price rebound in the near future.
Moving Averages: While long-term moving averages show strong buy signals, short-term moving averages are showing sell or neutral signals, reflecting current market volatility.
⚠️ Investor Alert
If the price breaks below the support level at $0.0000096, the currency may face additional selling pressure, pushing the price towards lower support levels. It is important to monitor these levels closely and make informed investment decisions based on market movements.
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