$TUT What happened, Dad? Are you sure? Sorry..........
And regarding this coin, what does such candles mean? Could this be the beginning of an upward rebound, or could it break its immediate support and open the way for a deeper correction?
In short, today’s candle is very important. If it recovers momentum and closes today’s candle above $0.037, it may bounce back to a medium-term rise because it could face resistance at the price of $0.064, which is the key to the next upward move, God willing. As for the second scenario: if today’s candle closes below $0.024, then the rally may fail and it will test the most important and strongest support—the boundary between consolidation and accumulation, or—God forbid—collapse. This support is at $0.015 👇