$SERAPH After several days of downward pressure, SERAPH showed an interesting defensive movement. The price rebounded from $0.0247, a level that consolidates as a firm short-term floor, leaving a recovery candle that attracted some fresh volume.

It is currently trading around $0.0267, with the MA7 ($0.0270) acting as the first resistance filter and the MA25 ($0.0285) as an immediate barrier for any attempt at sustained ascent.

The current range is moving between:

Key support: $0.0247

Immediate resistance: $0.0318

Medium control zone: $0.027 – $0.028

The volume in 4H showed spikes during the pullbacks, which could indicate hands defending positions more than massive sell-offs. There is still no confirmation of a turn, but there is a change in the emotional pulse of the market, which shifted from surrender to observation.

If support manages to stay above $0.024, the next impulse could attempt to recover the $0.03 area.

For now, the market seems to be testing its breath after a stretch of exhaustion.

This is not advice, stay informed and invest responsibly.