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 0.95659, beginning of uptrend is expected.
• We make sure when the resistance at 0.98034 breaks.
• If the support at 0.95659 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

• While the RSI downtrend #1 is not broken, bearish wave in price would continue.
• A peak is formed in daily chart at 0.99485 on 07/21/2022, so more losses minimum to Major Support (0.95659) 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 30.

Supports and Resistances:

1. 1.11449
2. 1.09330
3. 1.08050
4. 1.06950
5. 1.05105
6. 1.03738
7. 1.02188
8. 1.00882