It seems to have broken the 0.01 range, but that one is not clear yet.
Looks that it's bleeding. On the other hand it is getting oversold if further drop for 2 more days.
If you are seeking to buy, I would leave the bids in the 0.0075-0.0090 in place to catch the falling knife. The risk/reward is reasonable there.
If you are not, just wait, who knows if it will test 0.004 soon to confirm we have at least broken that trading range
As always, I do not exhort to sell nor short. If you are underwater, just wait. Selling low to buy lower, is much easier said than executed, and many are wailing because of attempting that with XMR in the past.
Looks that it's bleeding. On the other hand it is getting oversold if further drop for 2 more days.
If you are seeking to buy, I would leave the bids in the 0.0075-0.0090 in place to catch the falling knife. The risk/reward is reasonable there.
If you are not, just wait, who knows if it will test 0.004 soon to confirm we have at least broken that trading range
As always, I do not exhort to sell nor short. If you are underwater, just wait. Selling low to buy lower, is much easier said than executed, and many are wailing because of attempting that with XMR in the past.