From the chart provided:
Price Movement:
The price has been consolidating at lower levels after a significant downtrend.
A slight upward move is seen, which could indicate early bullish momentum.
RSI (Relative Strength Index):
The RSI value is at 71.58, which is overbought territory (>70). This suggests the asset might face selling pressure or a pullback soon
Volume:
A rise in volume indicates increased buying activity, but you need to watch for sustained volume to confirm a breakout.
Next Move (Short-Term):
The price could see a small pullback or correction due to the overbought RSI.
If buying continues with high volume, it may attempt to test the next resistance level, possibly around 0.10.
Key Levels to Watch:
Support: Around 0.0710.
Resistance: Around 0.0855 (current) and 0.10.
If volume decreases or sellers step in, the price could retrace. Conversely, strong momentum might push it higher.
