As shown on the daily chart the price tests the support around 0.0811 but has lost some momentum! If the breakdown happens at 0.0811 and gets confirmed, we expect the price will fall down to the next support around 0.479. If the breakdown fails on the other hand, we expect the price will bounce back up to the retracement zone between 0.135 and 0.115. The main trend on the daily chart is still considered sideways at this moment, and the best places to buy more with caution are around 0.0.8 and around 0.045.

Sorry for not posting the previous event when the price broke the support at 0.11. I didn’t have time but I will try to keep you updated as much as I can.

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GOOD LUCK