🔴THE currency is experiencing a fiery upward wave supported by strong liquidity, but caution is required as overbought conditions may open the door for short-term profit-taking. 📉📈
Day trader: watching the fluctuation between 0.55 – 0.68.
Investor: it's best to wait for a corrective drop from safe support areas.
🎯 Scenarios
Bullish:
A stable breakout above 0.688 → the path is clear towards 0.80 – 0.85.
Bearish:
Failure to hold above 0.65 → potential correction to the areas of 0.53 then 0.45 before resuming the rise.
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$THE $GATA $NUMI