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 0.0985, beginning of uptrend is expected.
• We make sure when the resistance at 0.1297 breaks.
• If the support at 0.0985 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 0.1295 on 10/09/2022, so more losses minimum to Major Support (0.0985) 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 51.

Supports and Resistances:

1. 0.7975
2. 0.6905
3. 0.5690
4. 0.4965
5. 0.4265
6. 0.3502
7. 0.3051
8. 0.2415