The price is moving in a 12-hour bearish channel, is very committed to it, and has just broken through it

We have a green support area at .5000 that is expected to be bounced from due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise with a strong downtrend

Entry price: 5600
First target 6248
The second target is 0.6690
The third goal 0.7283

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