Trading suggestion:

• By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

Midterm forecast:

• While the price is above the support 0.04915, beginning of uptrend is expected.
• We make sure when the resistance at 0.08960 breaks.
• If the support at 0.04915 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

• A peak is formed in daily chart at 0.06555 on 09/10/2022, so more losses to support(s) 0.05735 and minimum to Major Support (0.04915) is expected.
• Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
• Relative strength index (RSI) is 42.