The price has been consistently rejected at the resistance area and is currently moving downward. It's best to avoid trading in this zone and wait for a stronger setup. A break above the resistance area would indicate a bullish trend. Let's observe the price action in the upcoming days. If you decide to trade within the range, be sure to use a tight stop loss.
Support Area: $1.26-$1.33
Resistance Area: $1.76-$1.87
