On the D1 chart, we observe a rebound from the key Fibonacci retracement level of 61.8% within the main downtrend. Our initial target to the upside is the 23.6% retracement level. Additionally, on the daily chart, the price is supported by a Morning Star candlestick pattern, signaling an upward movement. Before continuing the ascent, we might witness partial retracements in the price.
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