Important update by $HIGH
Current trading price: $1.92, in line with critical support, one of the key support levels that was broken yesterday.
Around $99 million, shows a significant retracement from previous levels, which could suggest a potential turning point.
Technical analysis:
Potential Volatility Range: $3 to $6, although a temporary drop below $1.50 is possible.
Resistance levels: A break above $2.20 is needed for an upside move, with the next resistance level at $2.82.
Historical performance:
After reaching its all-time high, HIGH historically took 7 months to start increasing in price, with an 80% drop during this period. Currently, 1 month after the ATH, the price is down more than 80%, reflecting past behavior, which may indicate a shorter recovery time this time.
Please hold the spot at this price
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