Market Update: $Freedom of Money Technical Breakdown
I’ve been keeping a close eye on the $FREE daily chart, and we are reaching a definitive inflection point. After that explosive run to $0.022, the market has spent the last few weeks in a necessary correction. Currently, we’re hovering just above the MA(99) support near $0.0065. While the short-term momentum is technically bearish, I’m noticing signs of volume exhaustion on this dip.
Trade Signal:
Direction: LONG (Aggressive Entry)
Entry Zone: $0.0075 - $0.0079
Take Profit 1: $0.0112 (MA-25 Resistance)
Take Profit 2: $0.0155
Stop Loss: $0.0062 (Below MA-99)