GMT: The price is currently undergoing a strong correction after a rapid growth phase. The short-term trend is weakening, and it is necessary to observe the support zone to determine the next momentum.

1. Price Trend

1-Hour Frame (1H): The current price is 0.1794, down 22.34% in the last 24 hours. The price has dropped significantly from the peak of 0.2479 and is trading near the support level of 0.1750. Bollinger Bands are narrowing, indicating reduced volatility. RSI is at 21.22, in the oversold region, with potential for a technical rebound.

15-Minute Frame (15M): The price is accumulating around the lower Bollinger Bands, with RSI at 43.91, indicating temporary balance, but selling pressure still exists.

2. Entry Points

Buy Point (Long): Wait for the price to retest the support levels of 0.1750 - 0.1770 with a bullish reversal candle signal or RSI recovering above 30.

Sell Point (Short): If the price breaks below the support level of 0.1750 with increased trading volume, consider opening a sell position.

3. Take Profit Levels

Buy Order: Take profit at 0.1850 - 0.1900 (near resistance).

Sell Order: Take profit at 0.1650 - 0.1700 (lower support).

4. Stop Loss

Buy Order: Stop loss below 0.1720 (break below near support).

Sell Order: Stop loss above 0.1800 (support turning into resistance).

5. Overall Strategy

A strong downtrend follows a rapid growth phase. Focus on observing the support zone to confirm the possibility of a reversal or a continuation of the downtrend.

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