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$ESPORTS I’m bearish on this move. The chart looks pretty heavy.
Newbies go catch falling knives; following this selloff to test the MA25 support is the proper play. You can watch the range from 0.02899 to 0.02971. If it breaks lower, look at 0.027 and even around 0.025. Set the defensive level at 0.03120. Also, $MU and $AVAAI look pretty weak too, so you can pay attention to both.
But watch the risk: the 15-minute RSI is already oversold, and a short-term sharp rebound could come at any time. Don’t get carried away and go all-in—control your position size based on your own account.