After a massive wick up to $0.0900, we are seeing a sharp rejection on the Daily timeframe, currently trading at $0.0707 (-16%).
The market is testing the $0.07 support zone right now. A close below this level could signal further cooling off, while holding here might establish a new range. Watch your stops. 🛡️
$FF is testing a critical interest level after the pullback. 📉➡️📈
Price is sitting at $0.086 with a defined Risk/Reward setup for a potential bounce. The daily structure is consolidating, and a reclaim here could spark a move back to the 0.093 region.
Price is reacting well at these levels, printing a solid green candle on the daily. I'm taking a long position here as we look to rotate toward the range high.
Price is testing support levels and showing signs of a potential bounce. The risk/reward ratio on this long setup looks favorable as we aim for the recent resistance block.
Infrastructure plays are looking interesting. $GLM is building a base here and showing signs of stability. I'm taking a position with strict risk management.