$US . Resistance Areas (Ceiling - Resistance)
These areas prevent the price from rising, and whenever it reaches them, sellers appear:
Main Resistance: at level 0.01401. This is the highest clear peak in the image, from which the sharp decline began.
Nearby Resistance: at level 0.01346. We notice that the price tried to return to it twice and failed, forming a small "double top" that led to the current decline.
2. Support Areas (Floor - Support)
These areas prevent the price from falling, with buyers increasing:
Current Support (Momentary): at level 0.01295 (the price at which the candle is currently standing). We notice the presence of previous candle wicks that bounced from this level.
Strong Support: at level 0.01263. This is the bottom from which the price strongly rebounded in the middle of the chart, and it is considered the "last line of defense" on this screen.
Summary of the current movement in your image:
The price is currently trading in a sideways channel between support 0.01295 and resistance 0.01346.
Positive Signal: If the price succeeds in closing a candle (4 hours or 1 hour) above 0.01318, it may target the next resistance.
Negative Signal: If the price breaks below 0.01295, it is expected to visit the area of 0.01263.
Advice: Note the MACD indicator at the bottom of the image; the lines have started to cross downwards, indicating a weakness in the buying momentum currently, so caution is advised at support levels.

