A strong upward trend. The price is currently at a high point after breaking through a previous resistance level. This indicates that buying strength is dominant.
*Future targets:**
In the short term: If positive momentum continues, the next target will be to test resistance levels around $1.70 - $1.80.
In the medium term: If the price consistently exceeds these levels, it may rise towards the previous peak at around $2.00 or more.
Possible scenario: The price may experience a slight decline to retest the broken resistance level (to become a new support). If the price holds this level, it is a healthy sign for further upward movement. However, if the price drops significantly below the current support levels, a correction may occur.