$AUDIO $AUDIO $AUDIO

AUDIO/USDT Technical Analysis: Bearish Dominance

The AUDIO/USDT pair is currently in a downtrend, with the price at $0.1170, down 4.18% in the last 24 hours. The chart suggests a bearish bias, supported by the following:

* Support & Resistance: Immediate support at $0.1160, stronger support at $0.1150. Resistance at $0.1190, crucial resistance at $0.1225.

* Bearish Momentum: Downward candlesticks and decreasing volume indicate a bearish trend.

* Indicators: MACD below the signal line suggests bearish crossover. RSI below 50 indicates oversold conditions, but a bounce could offer a short-term opportunity.

Entry Strategy:

A conservative approach would be to wait for a dip towards the $0.1160 support level before considering a long entry for a better risk-reward ratio.

Disclaimer: This is not financial advice. Do your own research.

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