- Still in a downtrend since the price is below the 200-day moving average (1.1810 USDT).
- Consolidating around 0.78 USDT, meaning no further drop for now, but no strong uptrend either.
- RSI (39.84) is still below 50, so buyers aren’t strong yet, but it has exited the oversold zone, which is a good sign.
- Low trading volume, meaning big players haven’t stepped in yet.
- Don’t rush to buy! Better to wait for a breakout above 0.85 - 0.90 USDT or strong buying momentum.
- If you already bought, watch how it reacts to resistance before deciding.
- Stop-loss below 0.70 USDT makes sense—stick to it if you enter.
No strong buy signal yet, but it’s stabilizing a bit. If you want to take the risk, use a stop-loss and keep an eye on resistance levels.
Good luck everyone & Be profitable🤘🏼
📌 It's not financial advice 📌
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