Price continues its bearish trajectory failing to reclaim key resistance around $0.16 – $0.17. The downtrend is confirmed by consistent lower highs and sustained selling pressure.
🔻 Short Trigger:
Entry on rejection near $0.15 – $0.16 resistance zone
Or on a decisive break below $0.13 with volume confirmation
🎯 Target Zones:
$0.12 — immediate support level
$0.10 – $0.11 — strong demand area and potential profit-taking zone
🛑 Stop Loss:
Above $0.17 to avoid false breakouts
Trade with controlled risk; bearish momentum dominates until a clear trend reversal is confirmed.