Hey there! Upon examining the daily chart, as you can see, the price encountered a negative reaction as it approached the downtrend line in the 0.0052 range and is currently trading in the price range of 0.0046. The expectation we can have is that after a minor correction and maintaining the crucial support ranges of 0.0041 and 0.0034, along with a reconfirmation, we might see positive fluctuations. In the case of positive fluctuations and a break of the downtrend line, the initial target would be the liquidity zone of 0.0070. To better understand the continuation of the trend, we need to observe how the price reacts when it approaches the important resistance zone. After a possible pullback, further growth might follow. The potential scenarios in the above image have also been indicated. Maintaining the support ranges is crucial for the desired scenario. Additionally, if the price falls below the support ranges, there is a higher likelihood of further correction.
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