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Looking at the price chart at the 4-hour time frame, we see a symmetrical triangle pattern in the medium-term bullish channel. The upward triangle breakdown will raise the price to $ 3.5 in the first step and $ 4 in the next step.
On the other hand, if the price fails to support its bullish trend line, we will have a fall to $ 2.7 in the first step and $ 2.3 in the next.
Chart PatternsTrend Analysis

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