AIR has stabilized after the violent selloff, and the latest candles are building a small base around $0.00078-$0.00081. The important change is that sellers have stopped extending the decline, while price is beginning to recover from the local low. The first meaningful upside test sits near $0.000895, followed by the previous spike high around $0.001007.
EP
$0.00079 - $0.00081
TP
$0.00085
$0.000895
$0.001007
SL
$0.00075
A clean reclaim of $0.00085 followed by a break of $0.000895 could open the way toward the previous $0.001007 high. Losing $0.00075 would signal that the base is failing and weaken the bullish setup.
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