At the moment, the price is testing the resistance level at $4.00 💥. If the price holds above $4.00, there’s potential for it to rise to the next resistance levels of $4.50 🚀 and even $5.50 🚀. This would indicate bullish momentum, meaning more buyers are entering the market and pushing the price up.
However, if the price fails to maintain above $4.00 and starts dropping below that level, we should keep an eye on support levels around $3.60 ⚖️ and $3.30 ⚖️. These are critical points where the price might bounce back if there's enough buying interest. If the price breaks below these support levels, it could drop sharply 📉, indicating a potential bearish trend or a major price correction.