MCT was significantly breached a DTL from Dec'19 and found resistance at 0.34 with overbought condition as seen on weekly and daily RSI. The price could take a breather at this level. Support is seen at 0.225. Should the buying momentum persist the price could climb higher to 0.51. It will meet resistance at 0.41 on the way up.
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only.
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only.