The current market is still bearish in the short term, and bulls need to be patient because the expected decline has not yet been fully realized.
The market is currently in an adjustment phase, and the adjustment has not yet ended, and it is expected to continue to consolidate. The market needs more time to stabilize, and there is no obvious opportunity for an increase for the time being.
According to trading volume data, most investors are conservative when the price falls to $0.14 per share, and panic selling occurs once the price falls below $0.075 per share. At this stage, waiting for the right time to buy may be a wise choice.
The recommended support level is $0.06 per share, and you can consider opening a position when the price drops to around $0.07 per share. The conservative stop-profit point can be set between $0.082 and $0.09 per share. The $0.06 per share position is not only a support point, but also a key turning point. If it fails to fall below this price, a reversal may be ushered in. Be sure to pay attention to risk control in trading, and avoid blindly chasing highs or blindly selling lows.
The above is only a personal opinion sharing, not an investment advice. Please make sure to follow the correct trading method to avoid potential capital losses. #币安合约锦标赛 #MegadropLista