Price continues to maintain a strong recovery structure, trading inside an ascending channel with consistent higher highs and higher lows. The recent move has pushed price toward the upper boundary of the channel, where a breakout attempt could determine the next direction.
A confirmed breakout above the current resistance area could open the path toward further upside, while rejection from the channel top may lead to a short-term pullback toward the nearby support zones.
Key levels:
🟢 Support: 0.00218 → 0.00204
🔴 Resistance: 0.00278 → 0.00337
📈 Bullish scenario: Holding above 0.00218 and breaking the channel resistance could continue the upward move.
📉 Bearish scenario: A rejection from the upper channel may trigger a retest toward lower support before the next attempt.
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