Audius struggling to find its rhythm? 🎧📉
$AUDIO is facing some tough times. After reaching highs earlier this year, the chart shows a steady downward trend, with the price currently hovering around $0.1252. The 25-day moving average ($0.1298) is acting as resistance, and every attempt to break through has been met with a pullback. There's no significant volume spike to suggest an immediate breakout, and we’re also seeing weak momentum building up.
While there’s been some sideways action, this isn’t the kind of consolidation that sparks confidence. If AUDIO doesn't break above $0.14 soon, it risks testing lower support levels around $0.11. With the market overall still shaky, it’s hard to be optimistic in the short term. 🎯
What’s next for AUDIO? Be cautious and watch those levels closely! Let me know your thoughts below and don’t forget to follow for more insights! 🎶✨
