A sharp and very sudden increase in price, which often indicates extremely high volatility and may be the result of certain news or a significant price pump. It is difficult to predict the price trajectory in such cases.
Future targets:
Short term: Bullish targets are difficult to pinpoint accurately due to the lack of historical data at these levels. The rise may continue unexpectedly.
Short term (another scenario):** Conversely, a quick and strong price correction may occur, bringing it back to its previous levels (below $1.00).
Possible scenario: We are likely to witness a period of extreme volatility, followed by either price stabilization at a certain level or a rapid decline that brings it back to the previous price range. Extreme caution is advised when dealing with assets of this level of volatility.