My analysis
Price Now: 0.4149
24h Range: 0.4057 ā 0.4546
Trend: Strong downtrend
24h Change: -3.91%
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š±Market Spirit (Analysis)
Price is below all key moving averages:
MA(7): 0.4200
MA(25): 0.4269
MA(99): 0.4855
Chart shows a steady fall from 0.5446 to 0.4057 ā bear spirit strong here.
Volume spiked recently, maybe sign of whale action or panic sell.
Price bouncing from support zone around 0.4057, but no strong reversal yet.
šāļø Trade Plan (Setup)
Bearish Bias ā Wait for Better Entry
š» Short Trade (If trend continues):
Entry: If price breaks below 0.4050 with strong volume
Target: 0.3800 then 0.3500
Stop-Loss: 0.4270 (above recent highs)
š Bullish Reversal (If spirit shifts):
Entry: Only if price closes above 0.4300 with strong volume
Target: 0.4600 then 0.4850
Stop-Loss: 0.4050
Note: Trade your own risk