Trend: Short-term pump, now weakening
Pattern: Shooting Star (Bearish Reversal)
Sentiment: Caution
Volatility: Extremely high
Buy or Sell Based on Chart Only (Not Financial Advice)
Chart Suggests: SELL or AVOID BUYING FOR NOW
Why:
The pump is unnatural and hard to sustain.
Shooting Star candle signals reversal.
Price already dropped from 0.247 - 0.198.
High probability of retracement back to support levels.
Expected Move (Retracement Levels)
If the reversal continues, likely supports are:
Support 1: 0.163 – 0.170
Support 2: 0.145
Support 3: 0.116
Support 4: 0.07 (if the pump fully retraces)
If You’re Planning to Buy
Only consider buying if price stabilizes around:
Buy Zones (Low Risk):
0.145 – 0.160
0.116 (deeper discount)
Do not buy near 0.20 after such a big spike; risk is high.
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