Key Support and Resistance Levels



📉 Supports (Potential Buying Zones)

Immediate Support: $0.3870 - $0.3880
This is the range where the price is trading at the moment. Breaking below it may indicate a stronger downside move.
Intermediate Support: $0.3815
Recently recorded low (24/07 at 21:00). It is a critical defense level for buyers.
Strong Support: $0.3760 - $0.3770
Previous consolidation region. If the price drops to this area, a significant buying reaction tends to follow.
📈 Resistances (Selling/Execution Zones)

Immediate Resistance: $0.3910 - $0.3930
The price has had difficulty holding above this range over the last few hours.
Intermediate Resistance: $0.4000 - $0.4010
Important psychological level ($0.40) and where there was significant trading volume recently.
Strong Resistance: $0.4070 - $0.4100
Recent highs from the previous day. Breaking this zone would require very high buying volume.
Current Moment Analysis

Short-Term Trend: Slightly bearish/corrective. The price has fallen from near $0.407 to the current range of $0.387.
Volume: There was a volume spike during the drop to $0.3815, suggesting buyers are defending this level.
Attention: The price is testing immediate support. If it loses the $0.3870 range with volume, the next likely target is the $0.3815 support.
Suggested Strategy for Today

For those already positioned (like you): Monitor the $0.3870 level. If the price closes multiple 1-hour candles below it, consider protecting part of your profits.
For new entries: Wait for a reversal confirmation at $0.3815 support or a clear breakout above $0.3930 to enter in line with the trend.
Remember that the crypto market is volatile. These levels are baseline references based on recent price behavior, but unexpected news can quickly change the dynamics. The information above does not constitute investment advice.
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