Based on the chart, the price is close to channel resistance ✔️
and
has started to gain from the support area ✔️🚀
if
the price breaks the channel resistance and our purple area here to the upside and stays far from the purple area, we expect gain for the price 🚀
we have
major resistance on 0.50 area and if the price breaks the round number of 0.50 and stays above this area we can see more gain 🚀🚀
This is not financial advice, always do your own research.
Please, feel free to ask your question, write it in the comments below, and I will answer.
🐋