This cryptocurrency has experienced quite a bit of volatility recently. In early January, it surged to around $0.155, then started to pull back. On January 15th, it attempted to push again to $0.151, but failed, and the next day it dropped directly to $0.139, and now it’s fluctuating around this level.

From a technical perspective, there are several key supports below that need to hold. The most recent support is at $0.142, which is the intersection of the upward trendline and the 100-hour moving average, very important. If this breaks, the next significant support is at $0.135 (corresponding to the 61.8% Fibonacci retracement level). Further down, $0.12 is a strong support.

On the upside, attention should also be paid. The first resistance is at $0.145, with the core resistance at the $0.15 round number. Breaking through $0.15 would target the range between $0.157 and $0.16. If it continues to break higher, it could reach higher levels between $0.1765 and $0.185. Overall, we are currently in a phase of repeated testing at critical levels, so patience is needed until the direction is confirmed.