Overall Trend:

The price has been rising sharply since mid-September and peaked around early October. However, it has since fallen steadily and is now showing signs of slowing down, with the price around 0.1042 $USDC .

Trading Volume:

The trading volume was high during the uptrend but gradually decreased as the price started to correct. This shows that investors are losing interest as the price falls.

Support and Resistance Levels:

The nearest resistance level is at 0.1921 $USDC C, where the price has tried to break out but failed. The nearest support level could be the current price around 0.1042 SOL or slightly lower if the price continues to correct.

Short-term investment advice:

If you want to buy: Wait and see if the price holds the current support level. If the price shows signs of rebounding and the trading volume starts to increase, this could be a good entry point.If you are holding and want to sell: If the price continues to fluctuate around the current support level without a strong recovery signal, you can consider selling a portion to take profit or reduce risk.Keep an eye on the trading volume: If the volume starts to increase again and the price also shows signs of going up, this could confirm that the market is recovering.

However, the crypto market is often very volatile, so you should always keep a close eye on new developments and have a good risk management strategy.

$MOO DENG