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I remain highly optimistic for the mid and long term, confident that the price will surpass its all-time high ๐
However, a closer look at the weekly chart shows the price nearing another crucial support levelโ๏ธ
While the higher time frame trend remains bullish, the short term is bearish and currently stuck beneath the downtrend.
If the $0.0002600 support level fails to hold, considering the ongoing correction and market fear, it might be prudent to wait for a retest of the 50% Fibonacci retracement zone around $0.000230 - $0.000240!
