$JCT For it, after the daily close and the opening of a new day's candle, it opened near the previous low—a strong low—and also closed within the previously identified buying zones 👇
In summary, we still consider it to be in positive territory. What matters now is that it breaks back above $0.0031 and stays above it to ensure it reaches its targets before this week's candle closes. The agreed target is to retest $0.0070 once again 👇
Its second support is $0.00160, but its most important and strongest support is $0.0012. A four-hour candle closing below that level would completely invalidate the bullish scenario, which may be unlikely before it retests its latest peak once again 👇
In summary, we still consider it to be in positive territory. What matters now is that it breaks back above $0.0031 and stays above it to ensure it reaches its targets before this week's candle closes. The agreed target is to retest $0.0070 once again 👇
Its second support is $0.00160, but its most important and strongest support is $0.0012. A four-hour candle closing below that level would completely invalidate the bullish scenario, which may be unlikely before it retests its latest peak once again 👇
