$ANIME
The ANIME token has experienced a rapid price correction following a significant surge but is now establishing a solid foundation around a crucial support level. The current price action indicates a reduction in selling pressure, suggesting a potential higher-low structure is forming on shorter timeframes. A sustained hold above this base could signal a resumption of the upward trend toward previous resistance zones.
Current Price: 0.00903 (-6.23%)
Optimal Entry Area: Between 0.00885 and 0.00910
Potential Upside Targets:
Target 1: 0.00960
Target 2: 0.01020
Target 3: 0.01080
Invalidation Point (Stop Loss): A drop below 0.00845
Market Outlook
The bullish outlook remains intact as long as the price maintains its position above the 0.0088 support boundary. A confirmed breakout past the 0.0095 threshold is likely to initiate the next significant rally toward the previous peak.
Risk Disclosure
Employ sound risk management practices. Ensure appropriate position sizing and adhere strictly to the specified stop loss to mitigate potential losses, particularly given the potential for high market volatility.
#animeusdt
#cryptotrading
#technicalanalysis
