Souah

@$CHILLGUY 30m Analysis: Short-term dynamics revealed
The market shows a bearish inclination, yet recent indicators suggest a potential rebound. This mixed dynamic creates an interesting landscape for traders to navigate.
Although the overall trend appears bearish, I am watching for potential long entries if the price retraces towards the demand zone near 0.02025, or even lower at 0.01926. Watch for reversal signals such as a pin bar or a bullish engulfing pattern for confirmation. Resistance levels are at 0.02116 and 0.02226, where selling pressure could emerge. If the price convincingly breaks 0.02226, we might see a push towards 0.02331. However, a drop below 0.01926 would signal a continuation of the bearish trend.