#CEXvsDEX101
Strong Support Area:
$0.0000096 – $0.0000110: This area is considered one of the strongest current support levels, as the currency has experienced repeated bounces from it during previous correction periods.
2. Medium-term Support:
$0.00001050: This level corresponds to 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 show sell or neutral signals, reflecting volatility.
If the price breaks the support level at $0.0000096, the currency may face additional selling pressure, potentially pushing the price towards lower support levels. It is important to monitor these levels closely and make informed investment decisions.