A Technical Dive into the Recovery Phase! ๐๐
Technical Analysis Highlights: 1. Key Support Zone: $0.0006200 - $0.0006500. Buyers are stepping in aggressively, providing a strong floor for the next move. 2. Moving Averages: MA(7) showing potential bearish crossover with MA(25), indicating a short-term pullback before a rebound. 3. RSI Levels: Currently at 34.7, nearing oversold territoryโperfect for accumulation. 4. MACD: Bearish momentum slowing, hinting at a potential bullish divergence. 5. Money Flow: Positive inflow in the last 24 hours ($8.2M), signaling growing interest from institutional buyers.