1) Key resistance levels:
$0.85–0.90 — nearest resistance zone, a downward rebound is possible when approaching.
$1.20 — strong level, previously used as an accumulation/distribution zone.
$1.50–1.70 — important zone for confirming a trend change.
2) Signals for a possible reversal:
MA(5) ≈ MA(10) ≈ MA(20): moving averages are converging, which may indicate a consolidation phase (a rebound is possible).
Volume is increasing — attempts by buyers to 'enter at the bottom' are appearing.
RSI (if it were visible) - Likely, RSI is currently below 40 – that is, in the oversold zone. This also signals that a rebound upward is possible.
3) Scenario for the trader/investor:
Bullish scenario (if the price goes up):
Buy in the range of $0.70–$0.75 with a short stop below $0.65.
Targets: $0.90 → $1.20 → $1.50
Partial profit fixation at each level.
