My answer is simple I'm not touching it. It's a brand new highly speculative coin with no established support levels and very little price history to analyze.
Unless you're comfortable treating it as a gamble stay away there are far better setups in the market.
🚨 $DOT Is Deep in Fear Territory and that's Worth Watching Sentiment has collapsed to monthly lows but extreme fear often appears near major turning points.
Meanwhile DOT continues seeing net exchange outflows suggesting some holders are choosing to accumulate rather than sell. #Polkadot
$MYX is a DEAD COIN -95% in 6 months SAR and SUPERTREND are MILES above price, no volume, no buyers This is where retail money goes to die. DO NOT BUY.
DO NOT AVERAGE DOWN. STAY AWAY. There are 100 better coins to trade.
$BTW Is a Profit Taking Zone A +93% rally in one day isn't strength it's where late buyers often get trapped Smart money likely entered near $0.065. Chasing around $0.145 could make you their exit liquidity.
Take profits if you're in if you're not, wait near $0.10 for a better risk to reward entry.