Price is encountering significant resistance at the downtrend line, and the bullish trend will be confirmed following a breakout. We will initiate a new long position if the price remains above the $0.0055 level. The downside support is around the $0.0045 level.
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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.