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 8.00, continuation of uptrend is expected.
• We make sure when the resistance at 26.80 breaks.
• If the support at 8.00 is broken, the short-term forecast -continuation of uptrend- will be invalid.

Technical analysis:

• The RSI downtrend #1 is broken, so the probability of continuation of uptrend is increased.
• While the RSI support #2 at 23 is not broken, the probability of price decrease would be too low.
• A peak is formed in daily chart at 27.10 on 02/20/2023, so more losses to support(s) 19.70, 14.95, 10.95 and minimum to Major Support (8.00) 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 53.