The bulls are currently attempting to break through a crucial level of resistance. This marks the fourth attempt to test this particular region. If the buyers can sustain this move and hold on for a few days, The consolidation will likely break out towards the upside. However, this will only be possible if there is a strong volume. In such a scenario, the potential target could be as high as $0.1.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.