The situation is rather strange and uncertain. Two patterns formation signals more for a downward movement, but! There is no on-chain prerequisite for this... A fall to $0.11 = drop capitalization in six times - I don't believe in it. The ecosystem is developing, the whales are still profiting from their bags using DeFi, so... Also, there is no premise for a 500% increase since this is not a bullish cycle, but a thaw. In addition, achieving this target involves breaking through ATH. Unlikely.
Given all this, I will assume that the asset will have an ongoing sideways trend and we will not see tangible movements in either direction. But keep in mind that things can change.
Given all this, I will assume that the asset will have an ongoing sideways trend and we will not see tangible movements in either direction. But keep in mind that things can change.