After executing the strategy, we encountered resistance at $0.0011, leading to a pullback toward the crucial support zone at $0.001. At the moment, the price action is forming a potential Head & Shoulders pattern, with the right shoulder still developing. If we see a spike in volatility, there’s a strong chance of a retest of the lower support before any significant breakout to the upside. Keep an eye on market momentum—if support holds, it could trigger the next major move.
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