The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
We have a green support area at 1.76 that is expected to be bounced from due to its strength We have a trend to hold above the Moving Average 100, which is strong support for the rise We have very strong oversold resistance on the RSI indicator to support the upside with a downtrend that has been broken
Entry price 2.02 The first goal is 2.34 The second goal is 2.70 Third goal 3.07
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