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 0.86000, resumption of uptrend is expected.
• We make sure when the resistance at 0.87690 breaks.
• If the support at 0.86000 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

• A trough is formed in daily chart at 0.8499 on 02/28/2022, so more gains maximum to Major Resistance (0.8769) 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 69.

Supports and Resistances:

1. 0.8870
2. 0.8668
3. 0.8600
4. 0.8460
5. 0.8240
6. 0.8085