The chart shows a strong bullish breakout from the $0.5500 support, confirming buying momentum. The next resistance lies near $0.5790, and a clear move above could lead to $0.6000. Maintain a tight stop loss below $0.5480 to manage risk.
Market Insight: The bullish pattern suggests further upside as long as volume sustains. Watch for a retest of $0.5600 for confirmation.