Simple price action analysis.
The price has undergone a strong retracement, bouncing, as you could imagine, on an important support in the 0.40 area where there is also an intermediate cluster that supports the price and an old resistance of 8 November which has become support, always at 0.40 cent.
I think it is difficult for it to break again and it could be a zone of strong accumulation and then bring us back to 0.50 cents
The price has undergone a strong retracement, bouncing, as you could imagine, on an important support in the 0.40 area where there is also an intermediate cluster that supports the price and an old resistance of 8 November which has become support, always at 0.40 cent.
I think it is difficult for it to break again and it could be a zone of strong accumulation and then bring us back to 0.50 cents
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