TECHNICAL BREAKDOWN: ━━━━━━━━━━━━━━━━ 1. HISTORICAL CONTEXT: • Price at multi-year support level • Significant consolidation since May 2023 • Major historical resistance levels marked
2. KEY PRICE LEVELS: • Current Support: ~$0.13-0.14 • First Major Resistance: $0.74760 • Second Major Resistance: $1.65318
3. VOLUME PROFILE: • Current Volume: 29.45M • Low volume consolidation phase • Potential accumulation period
STRATEGIC OUTLOOK: ━━━━━━━━━━━━━━━━ LONG-TERM POTENTIAL: • Two major upside targets identified • Historical resistance levels as targets • Significant upside potential from current levels
RISK CONSIDERATIONS: • Current downtrend needs reversal confirmation • Volume increase needed for momentum • Extended consolidation possible
ENTRY STRATEGY: ━━━━━━━━━━━━━━━━ • Wait for reversal confirmation • Look for volume expansion • Consider scaling in on breakout confirmations
RISK DISCLOSURE: ━━━━━━━━━━━━━━━━ Trading involves substantial risk. This analysis is educational and should not be considered financial advice. Always conduct your own research and trade responsibly.