The price is moving in a bearish channel on a 4-hour frame.
The price is moving within it and adhering to it to a large extent. We have a support area in green, from which it rebounded at the $1 level. We have a higher stability moving average of 100
We have a downtrend on the RSI indicator that supports the rise and is about to break higher

Entry price is 1.10
The first goal is 1.22
The second goal is 1.34
the third goal is 1.45

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