$OP
📊 Scenarios
❌ Drop below $0.63: Sustained selling pressure Avoid new entries
↔️ Consolidation at $0.63 ‑ $0.67 : Indecisive market, no defined momentum Wait for confirmation or clear volume
🔄 Reversal if breaks > $0.68 : Could rise towards $0.72–$0.75 if gains strength Partial entry with adjusted stop
OP is in a bearish consolidation phase, with clear sell signals and no immediate upward technical momentum.
There could be a slight rebound if it manages to stay above $0.63 and finds demand; the immediate strong resistance is around $0.68‑$0.70. $OP
In the medium term, models indicate a risk of falling towards $0.46–$0.52; in the long term, relying on its use as an L2 solution could be bullish.
