$USUAL
Primary Scenario
Bearish Phase:
Prediction: Price will experience a gradual decline every 6 hours.
Target: A steady drop toward the $0.90 range.
Timeline: Expected to last 2–3 days, with a slow downward pace.
Bullish Phase:
Prediction: After completing the correction, the price is likely to rebound.
Targets:
$1.40 (with a potential cap at $1.60).
Timeline: Recovery phase projected for December 24, 25, and 26.
Secondary Scenario (Less Likely)
Unexpected Event:
Scenario: A sudden pump could push the price to break its all-time high (ATH).
Consequence: This would likely be followed by a sharp correction, with prices dropping significantly to around $0.65.
Market Evaluation
Key Observations:
The bearish phase seems to be a healthy correction, allowing liquidity accumulation and setting the stage for the upcoming bullish phase.
The possibility of an unexpected pump remains, influenced by external factors like news or significant whale activity.
Recommendations:
Monitor Key Support Levels:
Keep a close eye on the critical support zone at $0.90.
Set Realistic Expectations:
Target the $1.40–$1.60 range for the primary bullish scenario.
Prepare for Volatility:
If a pump breaking the ATH occurs, be ready for a deep correction afterward.
Stay vigilant and track market dynamics closely to make informed decisions.