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 0.0002630, beginning of uptrend is expected.
• We make sure when the resistance at 0.0004850 breaks.
• If the support at 0.0002630 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

• A peak is formed in daily chart at 0.00040850 on 12/02/2021, so more losses to support(s) 0.00030300 and minimum to Major Support (0.00026300) 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 37.

Supports and Resistances:

1. 0.00084800
2. 0.00080000
3. 0.00076600
4. 0.00068100
5. 0.00062000
6. 0.00059400
7. 0.00056300