$USUAL
1. Short-Term:❤🔥
Price is nearing the $0.9273 support level; consider this for potential bounce trades 📈.
Monitor if the price reclaims the MA(7) level ($0.9415) for early signs of recovery.
2. Mid-Term:✅
Watch for resistance around the MA(25) ($0.9485) if recovery occurs.
3. Long-Term:💰
The price is significantly below the MA(99) ($0.9785), indicating the broader trend is bearish 🐻.
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Final Notes
Caution: The sharp 6.90% drop may indicate strong selling pressure.
Opportunity: Volatility creates opportunities for short-term trades, but a breakout above $1.00 is needed for stronger bullish confirmation 🚀.
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