$J has returned to a price level that has consistently acted as support in the past. The decline has been steady but not panicked – a sign of controlled selling rather than distribution. Indicators suggest selling pressure may be fading.
Entry zone: $0.00106 – $0.00108
Targets: $0.00152 and $0.00180
Stop loss: $0.00098
Watch for a reaction at this level.
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