Long liquidations around $1.03145 have cleared leveraged buyers, often reducing selling pressure after the flush. Watch support near $1.020, where buyers may attempt to establish a base. Immediate resistance stands around $1.060, and reclaiming this area could drive price toward the next target at $1.100. If support fails, expect additional downside before meaningful recovery. A sustained move above resistance with improving volume would strengthen the bullish outlook. Until then, disciplined entries around confirmed support offer the better risk-to-reward setup.
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