Based on the chart, the price has stuck into the channel between two support and resistance and has reacted to trend line and vital support area (that many times has stopped the price from more fall) ✔️
and we
can see the breakout of the channel resistance to the upside and more gain 🚀
if
the price stays above the first resistance area, we will see more gain and our next target could be $2.85 🚀
and if
we lose our trend line here we can see a brief correction and our next target is the channel support ❌🧨
and
support and resistance are based on the Fibonacci levels ✔️
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
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