While the price is above the support 3.065, beginning of uptrend is expected. We make sure when the resistance at 7.800 breaks. If the support at 3.065 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 4.165 on 09/07/2022, so more gains to resistance(s) 5.600, 6.450 and maximum to Major Resistance (7.800) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 55.
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