In the weekly time frame, as you can see, the long-term price trend from the 8$ range faced buying pressure and was able to grow to the 27$ range. Currently, after a slight correction of the price from the lv range of 16 dollars, it has a positive reaction and is in the range of 23 dollars. the price is fluctuating in the long-term range of the specified box.
The scenario that we can consider in the long term is that if the price penetrates and stabilizes above the range of 27$, the possibility of price growth up to the range of 33/31 and the OB range of 38$ can be considered.
We have to see how the price will react.Note that it is important to maintain the 16$ range in the long term If the price breaks below the 16$ range, we may see further corrections.❗❗❗❗
❎ (DYOR)...⚠⚜
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