Resistance at 108711 and above is valid for take profit 112169-114111-117570-121027-124487-131859-141809-151759 and there is a possibility of entering a bear season if a rejection occurs at the 125-126k levels. If there is no rejection, it can move towards target prices of 140-180-240k. These targets are not guaranteed; this is just my forecast. And possible decline targets valid below the resistance at 108711 106759-103311-101369-99427-97487
A clear double bottom formation is visible on the chart.
After a strong breakout from the consolidation formed in the dip region, the price was pushed to the 0.48 area and now this movement is experiencing a pullback process.
According to this structure:
Double bottom formation confirmed Currently in the retest phase Target has the potential for upward movement equal to the formation height
Valid TP as long as it stays above 109253 111187-113120-114445-115054-122230-123034-136672-150310
125-126k is risky after the others The weekly OBO at 126k is completing, and if it rejects from here, our valid roadmap is 126.3-75-103-80-38k And the possible accumulation area is 40-38-35k