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 0.65107, resumption of uptrend is expected.
• We make sure when the resistance at 0.68425 breaks.
• If the support at 0.65107 is broken, the short-term forecast -resumption 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 0.67085 on 07/08/2022, so more losses to support(s) 0.65755 and minimum to Major Support (0.65107) 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 47.

Supports and Resistances:

1. 0.72600
2. 0.70800
3. 0.68956
4. 0.67715
5. 0.66660
6. 0.65107
7. 0.64110