The price is moving in a bearish flag channel on a 12-hour frame and we have a support area in green at the level of the lower border of the channel at the price of 3.50. We have a tendency to stabilize above the Moving Average 100 The RSI indicator has a downtrend that is about to break higher
Entry price 3.877 The first goal is 4.485 Second goal 5.54 Third goal 6.97
Short-term, this is very realistic but mid-term could go much higher. The chart is primed for a strong entry right now - the price bottomed, bear market completed, consolidation phase completed, the bull flag formed beautifully and 3 year long term resistance broken. When the alt season starts we could break its previous ATH at around $44 and potentially go for 3 digits