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Support and Resistance:
A breakout above $1.6908 could lead to a retest of the $1.8200 high.
A decline below $1.5218 may result in a pullback toward $1.4025.
Recommendations:
For Buyers: Look for entry opportunities if the price stabilizes above $1.5218, or wait for a breakout above $1.6908 for confirmation of continued bullish momentum.
For Sellers: Consider resistance levels at $1.6908 and $1.8200 for potential profit-taking opportunities.
Note: Cryptocurrency markets are highly volatile. Always use proper risk management and monitor market conditions closely.
