Price is in a bearish corrective phase and currently reacting at the 0.618 Fib zone ($1.55–$1.25), A key area for potential bullish reversal. Holding this zone increases the probability of a strong upside continuation toward $4.6 / $8 / $13 / $20.
If this support breaks, the next major demand lies at the 0.786 Fib level (~$0.84), considered the optimal accumulation zone before any trend shift.
Key Zones:
0.618 Support: $1.55–$1.25
0.786 Support: $0.84
Targets: $4.6 / $8 / $13 / $20
NFA Always DYOR
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Twitter: twitter.com/CryptoPatel
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Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
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.
