Predicting the exact price movement is challenging without more detailed analysis and historical context, but I can suggest a possible range based on common technical analysis strategies.
### Potential Downside Range:
If the current bearish trend continues, the asset could potentially move down to the next significant support levels. Here's an estimate:
- **Immediate Support**: Look for potential stabilization around previous swing lows or areas of consolidation. For example, if there was support around **0.0180-0.0200**, this area might act as the next target.
- **Further Support**: If the asset breaks below the immediate support, it could move to a stronger support level, possibly near **0.0150-0.0170**, depending on past price action.
### Factors Influencing the Depth of the Decline:
- **Overall Market Sentiment**: If broader market trends are bearish, the asset could experience more downside.
- **Volume**: High selling volume could push the price lower, while declining volume might indicate an upcoming reversal or weakening of the downtrend.
- **News and Events**: Any news specific to the asset or market-wide events could impact the extent of the price movements
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