A period of consolidation followed by an upward movement gaining momentum. The price recently broke through short-term resistance and is in an upward trend.
Future targets:
In the short term: The price may target the next resistance level around $3.20 - $3.30.
In the medium term: If these levels are surpassed, the next target could be the previous peak at around $3.50.
Possible scenario: A short pullback is likely to occur to retest the recent breakout level around $2.90. This would be a positive sign for the continuation of the rise. If the price falls below this level, it may indicate weakness in the trend.