The price is currently rejecting from the previous peak at $0.02735. If it convincingly breaks above this old peak with significant volume and then provides a retest, it could be an entry opportunity for a long position. The first interim support level I’m watching below is $0.0232. The main support level I’m monitoring is in the range of $0.0216 to $0.025. If the price reaches this level, I might consider entering a long position again.
The analyses shared here are not investment advice; however, they are considered as potential short to medium-term trading opportunities in the market, indicating support and resistance levels. The responsibility for trading decisions and risk management lies with the user. It is strongly recommended to use stop-loss orders in the trades shared.