I’ve been tracking the recent price action on $Freedom of Money Freedom of Money, and the technical structure is currently leaning heavily bearish after a significant exhaustion phase. Following a massive blow-off top near $0.0224, the asset has entered a sustained distribution cycle, recently losing its grip on both the MA(7) and MA(25) on the daily timeframe. We are currently down -14.69%, and while we are approaching the long-term support of the MA(99) at $0.0052, the lack of buying volume on this descent suggests that the bottom isn't in just yet.

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