We have a bearish channel on the 12-hour frame, the price moves within it and adheres to its limits well
We have a major support area at Saad 1.70
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that has been broken to the upside

Entry price is 2.00
The first goal is 2.50
The second goal is 2.96
the third goal is 3.48

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