Price is 0.2825 USDT after a sharp drop of about 42 percent in 24 hours The trend is clearly bearish with lower highs and lower lows Strong support is near 0.2716 (recent low) Next possible support zone could be around 0.2600–0.2650 if price breaks below 0.2716 Immediate resistance is near 0.2880–0.2950 and then 0.3100 For any bullish recovery price needs to close above 0.2950 on the 15-minute or 1-hour chart
TP suggestion if a reversal appears TP1 0.2950 TP2 0.3100