$SERAPH
SERAPH
Alpha
0.011217
+4.02%
is trading near 0.012371 after a long downtrend with price stabilizing above the recent low at 0.011376
The chart shows slowing sell pressure and a tight consolidation zone forming which can act as a base if supported by volume
A breakout from this range could be the first sign of trend reversal but weakness below support would risk further downside
Support Zone 0.01130 - 0.01190
Resistance Zone 0.01350 - 0.01520
Next Target 0.01650 plus if buyers step in with volume and hold above resistance
Market sentiment is neutral to cautious and accumulation patterns should be monitored
A higher high formation on the chart would be the next confirmation sign for strength
