$NOT — continuation requires a move above 0.00054
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The price is below its 20-day average; the recovery has not yet erased the weakness of recent closes.
A daily close above 0.00054 and holding that level on a pullback would strengthen the case for a return to the historical 0.00075–0.00077 zone. This is a distant target, and a confirmed breakout is needed first.
A daily close below 0.000419 would invalidate the thesis that the nearest support zone will hold. Until resistance is broken, the distant target is not a reason to enter.
Subscribe + like in advance
The price is below its 20-day average; the recovery has not yet erased the weakness of recent closes.
A daily close above 0.00054 and holding that level on a pullback would strengthen the case for a return to the historical 0.00075–0.00077 zone. This is a distant target, and a confirmed breakout is needed first.
A daily close below 0.000419 would invalidate the thesis that the nearest support zone will hold. Until resistance is broken, the distant target is not a reason to enter.