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 0.01535, beginning of uptrend is expected.
• We make sure when the resistance at 0.02430 breaks.
• If the support at 0.01535 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

• A trough is formed in daily chart at 0.01535 on 12/30/2022, so more gains maximum to Major Resistance (0.02430) 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 70.