$BOOST

Quick analysis on the 15-minute frame

The chart below shows a good rise from the last support point at a price of $0.0021 reaching $0.0055, but the price failed to break this peak, proving that the upward trend is not sustained and buyers are failing to control the trend (at the moment). The price continues on a downward curve to retest the area shown in the yellow frame (a sensitive support area between $0.0023-$0.0029) before it launches again 🚀.

Sellers are in control of the situation well, proving that the recent rise was meant for quick speculation to take their profits.

RSI indicator at 42: we have not yet reached the oversold condition, which means that the decline is still ongoing.

#تداولوا_بحذر