Thor is showing upside promise

For traders!

Thor is holding really strong at support at around $0.26; this has been a key level for us, and the market has seen demand here repeatedly.

Definitely a price point to acquire more Thor as a long-term player.

Scenarios

Scenario 1: This looks good as it is. Maybe wait for an intraday bullish candlestick formation for some confirmation if you want. Still, the probable outcome for a further move higher from here is greater than the flip side, as we are holding support, and this is clearly a key area of demand for this asset.

Scenario 2: If we do break lower, then the next level to position for is $0.26.

Highest probability entry zone: $0.26

For investors!

Great area to accumulate more Thor and DCA around here; it's a key level, and in the last few weeks, we have seen prices reach $0.5, showing the potential.

Accumulation levels

• $0.26
• $0.22

Cryptonary's take

We have been keeping a close eye on Thor for a while, and this is a key level where we have seen demand historically, and it aligns with a fib. Traders may look to shape up here, and investors, this is a great area to get involved.