$HAEDAL
The currency is currently in a corrective downward wave after a previous rebound from lower levels, with a clear weakness in short-term upward momentum.
Technical Indicators:
Indicator Value Interpretation
RSI (14) 41 In the neutral zone leaning towards selling
MACD Negative Continuous downward momentum
SMA-50 0.201$ Price below it (continuous selling pressure)
SMA-200 0.238$ Long-term trend still downward
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Support and Resistance Levels
Level Price Notes
Strong Support 1 0.172$ If broken, we may see 0.158$
Secondary Support 0.165$ Potential rebound
Nearby Resistance 0.192$ Psychological and technical barrier
Strong Resistance 0.208$ SMA-50 line
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Trend Short-term downward
Momentum Weak
Liquidity Relatively low
Recommendation for Traders Wait for signs of a rebound
Recommendation for Investors Gradual accumulation opportunity near 0.17$ if stabilized
The Haedal currency is going through a correction phase after a previous rise. The current price is close to critical support areas, making it suitable for monitoring or partial entry with calculated risk. A break below 0.172$ may lead to further decline, so caution is advised for traders.
