Immediate Resistance: There is clear resistance around the $7.933 level (the last local peak before the current decline). If the price continues to rise, $8.003 will be another resistance level to watch (a previous bottom turned into resistance).

Immediate Support: The $7.106 level (the last bottom before the rebound) is currently a strong support level. The deeper bottom was at $6.862, which represents critical support.

Stronger Upper Resistances: Previous levels where the price was trading around $9.003, then $10.073, and finally $11.143 and $11.970 will represent strong resistances if the upward trend continues.

RSI#

It is heading towards the midpoint area (50), which means that selling pressure has eased and some buying strength is returning, but it has not yet entered the overbought area. This allows room for further upward movement before the market becomes overbought.