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 7.000, resumption of uptrend is expected.
• We make sure when the resistance at 9.960 breaks.
• If the support at 7.000 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

• There is a divergence in RSI and price between the peak at 9.383 on 2022-07-26 and the peak at 9.941 on 2022-08-22, the probability of uptrend continuation is decreased and the probability of beginning the correction wave is increased.
• A peak is formed in daily chart at 9.245 on 09/14/2022, so more losses to support(s) 7.767, 7.533 and minimum to Major Support (7.000) 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.

Supports and Resistances:

1. 9.960
2. 9.382
3. 8.140
4. 7.533
5. 7.000
6. 5.835
7. 5.300