The price is moving within a bearish channel on a 4-hour frame and is strongly committed to it.

We have a support area at 0.4200 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100

We have an upward trend on the RSI indicator that supports the rise and gives greater momentum

Entry price is 0.4350
The first target is 0.4650
The second target is 0.4802
The third target is 0.4950

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