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 0.62360, beginning of uptrend is expected.
• We make sure when the resistance at 0.63910 breaks.
• If the support at 0.62360 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

• There is a divergence in RSI and price between the trough at 0.61818 on 2021-12-03 and the trough at 0.60743 on 2022-01-25, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
• While the RSI downtrend #1 is not broken, bearish wave in price would continue.
• A trough is formed in daily chart at 0.6092 on 02/14/2022, so more gains maximum to Major Resistance (0.6391) 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 67.