$USELESS rejected exactly from the $0.30–$0.32 resistance zone we were watching.
Since that rejection, sellers have stayed in control and price has kept making lower highs.
Now the next important area is $0.16–$0.18 demand/support.
As long as price stays below the recent resistance structure, the bearish pressure still dominates.
A break below $0.18 could open another leg lower toward the stronger $0.12–$0.135 support zone.$USELESS
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