$O The important thing is that $0.40–$0.42 has held so far.
Price recently dropped to approximately $0.4058, then recovered toward $0.52 before falling back to $0.448. That tells me buyers exist around the lower zone, but they haven't yet demonstrated enough strength to reverse the larger trend.
The biggest problem is this:
$0.47–$0.48 is a wall.
Price recently dropped to approximately $0.4058, then recovered toward $0.52 before falling back to $0.448. That tells me buyers exist around the lower zone, but they haven't yet demonstrated enough strength to reverse the larger trend.
The biggest problem is this:
$0.47–$0.48 is a wall.