$USUAL There are positive signs that indicate a possible rise, but confirming the uptrend requires breaking important resistances such as $0.40.
But there are negative factors that may indicate a decline:
1. The general trend is still bearish
There is no confirmation of breaking the downtrend yet, and the current rise may be just a correction before completing the decline.
2. No clear breakout of resistance levels
The price is still below the nearby resistance levels (approximately $0.40), and needs a clear breakout to continue the rise.
That is why it is better to wait for more confirmations before entering a buy deal, such as a positive MACD crossover or a strong breakout of the resistance level.
