COMBO Technical Analysis in 2-Day Timeframe

Jul 13

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Now, let’s dive into this chart analysis:

COMBO is at a crucial point, holding the support at $0.47 and trying to rebound. COMBO needs to bounce back and test the $0.69 resistance to reverse the trend.

A further breakdown and close below $0.47 will invalidate the rebound, causing the price to touch an all-time low of $0.4110.

Key Observations:

- Important Support/Entry: $0.47.
- All-time low: $0.4110.
- Primary Resistance/Target 1: $0.6920.
- Higher Resistance/Target 2: $1.
- RSI: Oversold.
- Invalidation Point: A breakdown and close below the support line.

DYOR, NFA.

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