Has fallen below its support trend line and also its 30-day SMA. A pick up in selling pressure is likely since it has been staying below the moving average for the past month.
MACD is still in negative territory while RSI is flat. Any rebound would likely be weak.
Sell on strength may be a good strategy to adopt here. Any rebound to S$0.285 and S$0.325 is a chance to sell. Support is at S$0.25 and S$0.215.
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