$GENIUS chart on the 4-hour timeframe is currently showing a strong recovery after bouncing off the major psychological support level at $0.50. The price has gained 3.75% and is currently trading at $0.57674, forming a bullish market structure with a potential "W" bottom pattern. This recent upward move indicates that buyers are stepping in at lower levels to defend the trend. With a market cap of $193M and over 17,000 holders, the asset is showing consistent liquidity. If the price can break and hold above the immediate resistance at $0.58, it clears the way for a retest of the previous local high near $0.638.
Target 1: $0.615
Target 2: $0.640
Target 3: $0.665
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GENIUS
Alpha
0.51966
-3.05%