The price is currently consolidating after a prolonged downtrend and shows signs of a potential trend reversal.
The price has broken out of a falling wedge (bullish pattern).
Currently testing the Fibonacci retracement levels — most notably the 0.5 - 0.618 zone, which may act as a pullback entry zone.
📌 Key Buy Zone: Retest of the breakout near the 0.618 Fibonacci level (~0.55 - 0.60) could offer a strategic entry if confirmed by price action.
🎯 Upside Targets:
1st Target: 1.0966 USDT
2nd Target: 1.3328 USDT
3rd Target: 1.6212 USDT
Invalidation: Break below the support zone near 0.45 would invalidate this setup.