The price is forming a **rounding bottom**, a classic **bullish reversal pattern**. It is testing a key support level and showing potential for an upward move. If the support holds, the price is likely to break above the neckline around **0.0045 USDT**, targeting the next resistance zone near **0.0060 USDT**. Keep an eye on volume for confirmation of the breakout.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.