Bullish Scenario: If the price breaks above the resistance zone ($1.31 - $1.39) with strong volume, it could test the next resistance at $1.57. Bearish Scenario: Failure to break above the resistance zone could result in a pullback to support levels at $1.20 or $1.10.
The overall trend is cautiously bullish, but confirmation is needed with a decisive break above the resistance zone.
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