Published October 13, 2025
Analysis: Major downtrend with no major support level until $0.6900 There was a support level at $0.7200 that is now broken.
Here is a 4-year weekly chart with 10 (50-day) week and 40 (200-day) week moving averages:

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Technical Analysis is about trading with the trend
Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
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