Trading suggestion:

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

Midterm forecast:

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

Technical analysis:

• While the RSI downtrend #1 is not broken, bearish wave in price would continue.
• A trough is formed in daily chart at 0.945 on 12/19/2022, so more gains maximum to Major Resistance (1.330) is expected.
• Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
• Relative strength index (RSI) is 54.

Supports and Resistances:

1. 28.367