$T ๐ฆ $T
๐ฌ Opinion๐ข
While the market is currently slightly bearish, watch for price action near support levels for a potential bounce. Risk management is crucial! ๐
๐ Market Sentiment
The market is showing slightly bearish sentiment with price trading below the short-term moving averages. However, thereโs potential for a bullish reversal if the price holds above key support near $0.02638.
๐ฅ Short-Term Outlook
The price is near support at $0.02762. A bounce from here could lead to a potential move towards the resistance at $0.02850. If price drops below $0.02638, expect further bearish pressure.
๐ Long Entry
Buy near $0.02762
๐ฏ Target
Short-Term Target: $0.02850
Long-Term Target: $0.02950
๐จ Stop Loss
SL: $0.02630 (below recent support)
๐ฌ
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