Trading suggestion:

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

Midterm forecast:

• 83.00 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 53.2 on 2022-06-18 and the trough at 51.8 on 2022-06-30, 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 trough is formed in daily chart at 52.0 on 06/30/2022, so more gains to resistance(s) 71.0 and maximum to Major Resistance (83.0) 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 41.