🔴 $NOT ANALYSIS 🔴
Current Price: $0.015
🟢 Resistance Zone: The price remains stuck below the $0.01700 resistance zone. It’s currently neutral, fluctuating between $0.01540 and $0.01720.
🔵 Breakout Scenarios:
Downward Breakout: If the price breaks downward, it may retest the $0.01400 support zone, potentially dropping to $0.013.Upward Breakout: If the price breaks upward, it could pump toward the $0.020 resistance zone.
🟡 Market Sentiment: It’s difficult to say at the moment whether this is a bull trap or a bullish consolidation.
🔴 Key Level: A daily close above $0.01715 is required for the bulls to confirm a bullish continuation.
🟢 Technical Indicators:
RSI: The Relative Strength Index (RSI) is currently neutral, indicating neither overbought nor oversold conditions.
MACD: The Moving Average Convergence Divergence (MACD) shows a potential bullish crossover, suggesting upward momentum.
