Trading suggestion:

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

Midterm forecast:

• 0.2310 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

• There is a divergence in RSI and price between the trough at 0.2354 on 2022-05-12 and the trough at 0.231 on 2022-06-18, the probability of downtrend continuation is decreased and the probability of beginning the correction wave is increased.
• The RSI downtrend #1 is broken, so the probability of continuation of downtrend is decreased.
• A peak is formed in daily chart at 0.2790 on 11/05/2022, so more losses to support(s) 0.1446, 0.0755 and more depths 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 38.