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๐ Key notes from the chart
Current price: 0.0855
Strong sell pressure + ongoing downtrend
Price is near a weak support
Any rise = likely a correction, not an uptrend
๐ข Entry zones (buy)
๐น Safe entry (gradual accumulation)
0.075 โ 0.082 ๐ Current support zone (near bottom)
๐น Lower risk entry (after confirmation)
0.095 โ 0.105 ๐ After breaking the small downtrend
๐ก Don't go all in at once
๐ด Exit zones (sell)
0.10 โ 0.11 โ First resistance
0.13 โ 0.15 โ Strong resistance
0.18 โ 0.21 โ Very strong sell zone (if it reaches)
๐ Resistance is where price stalls due to a lot of sellers
Investopedia
๐ฏ Targets
๐ Short-term targets
0.10
0.12
๐ Medium-term targets
0.15
0.18
๐ Strong target (in case of a real reversal)
0.20+
โ Stop loss
Below 0.07 ๐ Breaking this = stronger down potential
โ ๏ธ Movement scenarios
๐ป Negative scenario (most likely)
Breaking 0.07 โ Drop to 0.05
๐บ Positive scenario
Breaking 0.10 โ Rise to 0.13+
๐ง Summary (important)
Trend: โ Down
Strategy: โ๏ธ Scalping
Don't hold it long without reversal signals
$LAYER #layer