AUDIO is currently consolidating within a shallow range, with prices repeatedly confirming around 0.0293. The short to medium-term support level of the 7/25 hour moving average is approximately between 0.0291 and 0.0293, but from a longer perspective, prices are still being suppressed by the 99-hour resistance, and the overall trend is still downward.
From the perspective of the trend structure, there is still logic to the upward momentum, but it requires certain conditions to be met. Once the price can clearly break through the resistance area of 0.030 to 0.032 (corresponding to the 99-hour resistance level), there is hope for the space to open up to 0.033 to 0.035 above (where the previous swing highs are located).
From a defensive perspective, the recent support point is between 0.028 and 0.027. If there is further downward pressure, the swing low at 0.0271 is a stronger support. Currently, the trading volume is at a moderate level. To see a real rebound, there needs to be volume support when breaking above the 99-hour moving average—this is key to assessing the buyers' determination.
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AUDIO is currently consolidating within a shallow range, with prices repeatedly confirming around 0.0293. The short to medium-term support level of the 7/25 hour moving average is approximately between 0.0291 and 0.0293, but from a longer perspective, prices are still being suppressed by the 99-hour resistance, and the overall trend is still downward.
From the perspective of the trend structure, there is still logic to the upward momentum, but it requires certain conditions to be met. Once the price can clearly break through the resistance area of 0.030 to 0.032 (corresponding to the 99-hour resistance level), there is hope for the space to open up to 0.033 to 0.035 above (where the previous swing highs are located).
From a defensive perspective, the recent support point is between 0.028 and 0.027. If there is further downward pressure, the swing low at 0.0271 is a stronger support. Currently, the trading volume is at a moderate level. To see a real rebound, there needs to be volume support when breaking above the 99-hour moving average—this is key to assessing the buyers' determination.