$BABY Candles of the last hours show a sharp drop: the price fell from 0.01336 to 0.01112. At the moment, trading is slightly above the support level of 0.01109, and the RSI at 19.8 indicates oversold conditions.
If the price holds the minimum of 0.01109 and starts to bounce, a pullback toward the resistance level of 0.0135 is possible. If it breaks through, the price may continue moving higher.
High volatility and the risk of further decline are possible, considering the strong 24-hour loss and the downsloping trend. #Binance
If the price holds the minimum of 0.01109 and starts to bounce, a pullback toward the resistance level of 0.0135 is possible. If it breaks through, the price may continue moving higher.
High volatility and the risk of further decline are possible, considering the strong 24-hour loss and the downsloping trend. #Binance