The price is moving in a bearish channel on a 4-hour frame. The price is moving within it and adhering to it to a large extent. We have a support area in green, from which it rebounded at the $40 level. We have a higher stability moving average of 100 We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 47.38 The first goal is 47.00 The second goal is 52.00. The third goal is 58.00
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