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 0.480, beginning of uptrend is expected.
• We make sure when the resistance at 0.819 breaks.
• If the support at 0.480 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

• A peak is formed in daily chart at 0.805 on 08/14/2023, so more losses to support(s) 0.556 and minimum to Major Support (0.480) 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 57.