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Currently hovering around 0.09719, having undergone a sharp correction, barely maintaining above the key support level. The daily chart shows tight consolidation - market participants seem to be in a wait-and-see mode.
If buyers intervene, we could see a potential rise to the 0.30-0.40 range. On the flip side? Once it breaks down, the decline could lead to a crash down to 0.05. Technical indicators present a mixed situation: RSI shows an oversold area, while MACD still tends to be bearish.
In order for the bulls to regain control, they need to push CROSS back above 0.12000 with strong volume support. Meanwhile, the bears are watching the daily chart close below the current support level to confirm further downside.