Interesting chart setup here. Bounce from the long term support, Breakout of the downtrend resistance and right at 0.23 fibonacci resistance!! a break of the resistance and test of 0.5 fib resistance is on the cards. the next steps will be determined based test of 0.5 fib resistance. a breakout with good volume will set it up for a run higher.
@Papakev, near term, looking for retest of 0.618 fibonacci at $1.22 if bullish momentum continues then fibonacci level 1 and 1.618( i think we will get here).