As a result of an extended period of accumulation of large positions at a price of $0.6862, participants have begun to initiate an upward price movement. After completing additional accumulation at around $1.3297, the asset is once again approaching the local maximum and resistance level at the price of $1.6908.
We consider the possibility of conducting a deal on breaking through the local maximum at the price level of $1.6908 with the aim of consolidating above this level and subsequently continuing the upward trend of the asset's value.