#MG8 Chart Analysis
The first chart is the previous analysis.
I mentioned that if the price breaks down from this level, it could fall to the vicinity of the red line.
In that case, the WXY correction could be completed.
If the correction is indeed over, and assuming that the prior upward move is clearly an impulse wave, the initial target price could be $0.1.
This assumption is based on the idea that the $0.055 level does not get broken.
Currently, this coin is only listed on the MEXC exchange.
However, after searching various sources, I found rumors that it may also be listed on KuCoin, along with various other positive news.
This could potentially be false information, but for those who find the chart promising, it might be worth considering a trade.
Please follow me if youâd like to continue seeing my chart analysis.
