Key Resistance: $0.2301
Key Support: $0.1943
Critical Support: $0.1802
Price tested the 61.8% Fibonacci critical a couple of weeks ago. This line became a key area of selling interest and now becomes critical resistance moving forward.
The red 50-day is now our key to watch for a possible breakout to the upside. But, without hardly any momentum whatsoever, the price should continue to trade lower into the highlighted .
The ( ) line has fallen out of bed to signal a weak trend, and the two directional index lines are tangling up to give no clear signal for a bull or bear trend. Consolidation should remain this week.
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