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The MACD indicator is showing a strong bullish signal, which means that there is currently strong upward momentum.
Critical points:
• If the current momentum continues, we may witness an attempt to break the resistance level at 0.021000.
• In the event of a correction, the price may fall to the support levels at 0.012244 or even 0.010000.
Expected future trend:
• The upward trend is expected to continue in the short to medium term if the current momentum and increased demand for the currency continue.
• Resistance and support levels should be monitored closely, and if the price continues to rise above 0.021000, we may see larger rises.
• In the event of a correction, support levels can be viewed as a buying opportunity.
Tips:
• If you are a short-term investor, take advantage of the current momentum but be wary of large fluctuations.
• If you are a long-term investor, wait for corrections and take opportunities to buy at support levels.
If you have any additional questions or other analyzes that you would like to discuss, I am ready!