SUPRA Shifts Significant Trend as Buyers Come Back
Market Shift: SUPRA is experiencing renewed interest from buyers after a significant price drop, with traders closely monitoring its breakout potential and support levels around $0.001500.
Price Movement: The token has shown an 18% increase and a V-shaped bounce, indicating fresh demand, while analysts suggest that momentum could push prices toward $0.0075.
Technical Indicators: Despite a heavy downtrend, SUPRA's recent price action above intraday lows and a breakout from a falling-wedge pattern suggest reduced selling pressure and a potential trend reversal.
Increased Liquidity: Analysts note rising liquidity and strong backing from investors like Coinbase Ventures, which enhances SUPRA's credibility and signals a shift in market sentiment.
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