#OpenLedger، Determine support/resistance zones
Based on historical prices + chart:
Strong support zone: when the price drops to around $0.80 - $0.85 (previous low where buying pressure is) can provide good support if there are no bad news in the market.
Secondary support zone: if the price drops lower, $0.70 - $0.75 may be the next area where buyers participate.
Resistance zone:
For now, it's around $1.00 – a major psychological level.
If that level is surpassed, it could push up to $1.10-1.20 if buying momentum is strong.
If there is positive news and high volume, the price could trend towards higher levels — need to follow the chart to determine.$OPEN @OpenLedger