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 below the resistance 0.91120, resumption of downtrend is expected.
• We make sure when the support at 0.88310 breaks.
• If the resistance at 0.91120 is broken, the short-term forecast -resumption of downtrend- will be invalid.

Technical analysis:

• While the RSI downtrend #1 is not broken, bearish wave in price would continue.
• A trough is formed in daily chart at 0.8833 on 01/28/2022, so more gains to resistance(s) 0.8980, 0.9101 and maximum to Major Resistance (0.9112) 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 40.