Based on the chart, the price is close to channel resistance ✔️
and
here we have an important support area for the price ✔️
if
the price breaks the purple area and our channel resistance to the upside and stays far from the purple area, we expect sharp gain for the price 🚀💣
other important support and resistance are located on the chart ✔️
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.
🐋