🚀 Possible Movements and Points to Follow

The current landscape suggests a bullish structure despite recent consolidation and some short-term bearish technical signals (such as the RSI at 39 and the bearish MACD).

🟢 Bullish Scenario

Activation: The price must break and consistently close above the key resistance of $2.23 - $2.28.

Targets to Follow:

$2.50

$2.70 (mentioned as a bounce target)

$3.30 - $3.50 (Medium-term target if momentum is confirmed)

🔴 Bearish Scenario

Activation: The price breaks and consolidates below the immediate support of $2.15 and, more critically, below $2.00.

Critical Turning Points:

If the price falls below the lower Fibonacci limit (around $1.82), it could confirm a more pronounced downward trend.

The persistence of Lower Highs since August, combined with decreasing trading volume, is a warning sign that indicates a possible weakening of upward momentum.