#CreatorPad
The clear rejection at $0.00360 leaves Siacoin up over +9% — indicating that today was generally positive, but without a clear breakout, the rise may remain on the "edge" 🎯
🔍 Technical levels under observation:
- Major resistance: $0.00360 — bulls need a strong candle on clear volume to confirm a breakout
- Key support: $0.00342 — losing this level opens the path for a bearish scenario towards $0.00330 then $0.00320 😬
🧠 Price action analysis:
- A touch at $0.003737 rekindled hopes, but came with a quick retracement... the rejection candle there hints at institutional selling or accumulated resistance
- The price oscillates between the supply area and resistance — buyers are trying to reposition but need a strong push 📊
📌 Potential trading scenarios:
- 🔼 Bullish: Confirming a close above $0.00360 + strong volume → targets at