Technical analysis by CryptoMitchX about Symbol TEL: Buy recommendation (12/6/2024)

📊 Overview Election Day Price: $0.00137 Local High: $0.0087 (550% rally in 25 days!) Pullback: 30% retrace to $0.006—a healthy correction post-rally. Key Levels: Back in the Accumulation Zone, and the daily low matches last week's low. 🧐 Should We Worry? Absolutely not! These moves are normal market behavior after a parabolic rally. Fundamentals remain solid. 🎯 Targets: Short-term: $0.009 Long-term cycle: $0.55 📈 Bitcoin Context: BTC rallied 10% in 48 hours, crossing $100k before retracing to $93.7k. This volatility impacts the altcoin market, but TEL remains positioned for growth. 💡 Pro Tips: Learn technical analysis for confidence during market volatility. Rule of Thumb: 1 hour of learning per $100-1000 invested. 🙏 Final Thoughts: TEL is a great project with massive potential. Stay focused: Research. Action. Patience.