On the Request Network / USDT (4h, Binance) chart, we can see a strong downward move that pushed the price towards the $0.128 area, where a first buying reaction is appearing. This level coincides with a local support zone that has previously stopped declines multiple times.
Key points to note:
The price has reached the lower boundary of the recent consolidation range, which increases the chances of a rebound.
The sell-off was sharp, and markets often see corrective upward moves after such strong drops.
Moving averages are still sloping down, but a short-term recovery is possible if buying pressure holds.
In summary, there is a probability that in the coming days the price will attempt a rebound towards $0.15, which represents a psychological resistance and a former balance area from August.
Potential TP: 0.15 USD
Key points to note:
The price has reached the lower boundary of the recent consolidation range, which increases the chances of a rebound.
The sell-off was sharp, and markets often see corrective upward moves after such strong drops.
Moving averages are still sloping down, but a short-term recovery is possible if buying pressure holds.
In summary, there is a probability that in the coming days the price will attempt a rebound towards $0.15, which represents a psychological resistance and a former balance area from August.
Potential TP: 0.15 USD
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.