Bulls and bears are locked in an intense battle, with MA7 as the key support level:
Trading volume below reached as high as 154 million USDT, indicating extremely intense turnover between bulls and bears in the 0.50–0.60 range.
Over the next few days, the price is likely to fluctuate within a wide range between 0.50 (the upper end of the recent trading range) and 0.63 (today’s high). The bulls’ only line of defense is MA7 (0.5335). As long as the price stays above MA7, the bulls could regroup and launch another push at any time. $TIA
Trading volume below reached as high as 154 million USDT, indicating extremely intense turnover between bulls and bears in the 0.50–0.60 range.
Over the next few days, the price is likely to fluctuate within a wide range between 0.50 (the upper end of the recent trading range) and 0.63 (today’s high). The bulls’ only line of defense is MA7 (0.5335). As long as the price stays above MA7, the bulls could regroup and launch another push at any time. $TIA