@shammi
Scenario: Breaking 2.35–2.40 could lead to a rally targeting 2.50–2.60.
Bearish Scenario: Dropping below 2.30 could test lower support around 2.20–2.25.
Key Levels to Watch:
Support: 2.30, 2.25, and 2.20 are key levels where buyers might step in. Resistance: 2.35 and 2.40 are critical zones. A breakout here would signal renewed bullish momentum.
Potential Triggers:
Positive Triggers: News of regulatory clarity, adoption, or broader market bullishness in crypto.
Negative Triggers: Macro headwinds like increased interest rates or unfavorable crypto regulations.