A Projected Breakout Beyond $0.7 Resistance, Heading Towards $1

13 Mar 2024

It is observed that there is robust support at $0.4, coupled with a notable resistance at $0.7. There is a high probability that the $0.7 resistance level will be breached upon the next retest. Once this resistance at $0.7 is successfully surpassed, a subsequent retest is anticipated at $0.7, serving as our newfound support before initiating a decisive move towards the $1.0 mark. This transition from the current level to $1.0 is estimated to carry a probability exceeding 90%