It is advisable to open a small long position here with a tight stop loss as the price is currently testing the support area. We may then see a bounce towards the resistance area.
Support Area: $0.40-$0.44
Resistance Area: $0.56-$0.58
It is advisable to open a small long position here with a tight stop loss as the price is currently testing the support area. We may then see a bounce towards the resistance area.
Support Area: $0.40-$0.44
Resistance Area: $0.56-$0.58