The price has been trading in a large bearish channel since July 2022 Recently, it broke a small bearish channel at the price of 0.001100.
It heads to the upper border of the large channel at 0.001900. First target In the event that the large channel is broken, the price will head to the 0.002500 level. as a second target at a rate of 120% of the current price.
All of this is supported by oversold conditions on the MACD indicator.