*Current Situation*
The price is in a bottoming zone. 0.0358$ is considered a “accumulation price” for many people.
Risk: Low liquidity. Advantage: Any small catalyst can trigger a strong move.
### *Quick Technical Analysis*
#### *1. Support Zones*
- *First Support*: 0.0350$
- *Strong Support*: 0.0330$ - 0.0340$
Breaking 0.0350$ with a daily candle = we may drop to test 0.033$
#### *2. Resistance Zones*
- *First Resistance*: 0.0375$ - 0.0380$
- *Second Resistance*: 0.0400$ - 0.0420$
A breakout above 0.0380$ with volume = the direct target is 0.04$
#### *3. Indicators*
Volume is what will control. If volume comes in with a green candle = the start of a wave.
### *3 Key Scenarios for Expectations*
#### *Bullish Scenario 🚀 35%*
*Condition*: Holding above 0.0350$ + breaking 0.0380$ + project news
*Targets*: 0.038$ → 0.04$ → 0.045$
*Reason*: Bottom coins on Binance are making quick rebounds of 20-30% with the first spark
#### *Sideways Scenario ↔️ 50%*
*Condition*: Prefer it moves between 0.035$ and 0.038$
*Reason*: This is the closest scenario for now. No strong catalyst. Accumulation and waiting for the overall market to move
#### *Bearish Correction Scenario 📉 15%*
*Condition*: Breaking 0.0350$ with sell volume
*Targets*: 0.033$ → 0.031$
*Reason*: Weak demand or whales selling
### *📌 The Olives You Must Watch*
1. *0.0350$*: Defense line. Holding above it is positive
2. *0.0380$*: Upside gateway. Breaking it = a quick move to 0.04$
3. *BANK news*: Any partnership announcement or token burns will flip the whole situation
$BANK
The price is in a bottoming zone. 0.0358$ is considered a “accumulation price” for many people.
Risk: Low liquidity. Advantage: Any small catalyst can trigger a strong move.
### *Quick Technical Analysis*
#### *1. Support Zones*
- *First Support*: 0.0350$
- *Strong Support*: 0.0330$ - 0.0340$
Breaking 0.0350$ with a daily candle = we may drop to test 0.033$
#### *2. Resistance Zones*
- *First Resistance*: 0.0375$ - 0.0380$
- *Second Resistance*: 0.0400$ - 0.0420$
A breakout above 0.0380$ with volume = the direct target is 0.04$
#### *3. Indicators*
Volume is what will control. If volume comes in with a green candle = the start of a wave.
### *3 Key Scenarios for Expectations*
#### *Bullish Scenario 🚀 35%*
*Condition*: Holding above 0.0350$ + breaking 0.0380$ + project news
*Targets*: 0.038$ → 0.04$ → 0.045$
*Reason*: Bottom coins on Binance are making quick rebounds of 20-30% with the first spark
#### *Sideways Scenario ↔️ 50%*
*Condition*: Prefer it moves between 0.035$ and 0.038$
*Reason*: This is the closest scenario for now. No strong catalyst. Accumulation and waiting for the overall market to move
#### *Bearish Correction Scenario 📉 15%*
*Condition*: Breaking 0.0350$ with sell volume
*Targets*: 0.033$ → 0.031$
*Reason*: Weak demand or whales selling
### *📌 The Olives You Must Watch*
1. *0.0350$*: Defense line. Holding above it is positive
2. *0.0380$*: Upside gateway. Breaking it = a quick move to 0.04$
3. *BANK news*: Any partnership announcement or token burns will flip the whole situation
$BANK
