NEXT TARGET 0.0714 $
2024-11-09

The price is currently moving within a descending channel on the 12-hour chart, trending upwards, and is expected to maintain this movement.

The trend indicates a potential stabilization above the 100-period moving average.

The RSI indicator is showing a downward trend, suggesting a bullish reversal if it breaks upward.

There is a support zone at the channel's lower boundary, located around:

0.04200

Suggested entry point: 0.05100
First target: 0.05538
Second target: 0.06071
Third target: 0.06786