Potential Downtrend for $QUBIC: Evaluating Support and Buying Opportunities
$QUBIC is currently sitting on a support zone but still experiencing selling pressure. Here’s a breakdown of the situation and a personal strategy:
Market Analysis:
Current Status: $QUBIC is hovering around its support zone.
Sell Pressure: There is ongoing selling pressure which might push the price lower.
Price Decline: Currently, $QUBIC is around 85% down from its all-time high (ATH).
Personal Strategy:
Buy Orders: Planning to place buy orders around the 0.0000012-0.0000015 range to capitalize on potential lower levels.
Market Sentiment: The current market sentiment suggests caution due to the ongoing sell pressure.
Reminder:
NFA (Not Financial Advice): This is a personal strategy and should not be considered financial advice.
DYOR (Do Your Own Research): Always conduct your own research before making any investment decisions.
Stay informed and trade wisely!