Currently, the price appears to be consolidating within a range between $0.4 support and $0.52 resistance areas. With several bullish factors in play, there is a strong likelihood of the price moving towards the top of the range or even surpassing it.
Traders looking to take advantage of this potential uptrend may consider long positions with appropriate risk management strategies in place, while monitoring key support and resistance levels for any signs of a trend reversal.
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Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.