- Pumped to ∼$0.10 - Rejected hard - Now consolidating at $0.0743 (-8.68% on the day)
What I’m watching: 🔴 Resistance: $0.080 - $0.090. Sellers defended this twice. 🟢 Support: $0.070. Held firm before the move. If $0.0700 holds, we could see another test of $0.0800. If $0.0700 breaks, next demand is around $0.0650 - $0.0620. Volume came in on that spike so there’s interest. Just need consolidation before the next leg.
This looks like a cooldown after volatility, not a full breakdown. If bulls can reclaim $0.08 with volume, next target is that $0.10 wick. Lose $0.07 and we retest lower.
Are you buying this dip or waiting for confirmation?