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Bullish Scenario:

Recovery Above $2.0000: If the price can break above the immediate resistance, it could signify a reversal and potential upward movement towards $2.1000.Strengthening Indicators: Positive shifts in the MACD and a rise in the RSI above the 60 level would support a bullish outlook.

Bearish Scenario:

Break Below $1.8500: A failure to hold the immediate support could lead to further declines towards the major support at $1.8000.Continued Negative MACD: If the MACD continues to show bearish signals with a widening histogram, downward pressure might persist.