Bullish Scenario
1. RSI and MACD Breakouts: If RSI rises above 60 and MACD histogram turns positive with a divergence, upward momentum could return.
2. Volume Surge: Higher buy volume would confirm a bullish move toward higher resistance.
3. Short-Term Target: $2.50 - $2.60 range as resistance levels.
Bearish Scenario
1. RSI Below 45: If RSI trends lower, it signals weakening momentum and potential downward pressure.
2. Bearish KDJ Crossover: If K and J lines fall further below D line, price may drop.
#3. Support Levels: Watch for a retest of $2.30 - $2.35 levels. Breaking these may lead to further downside toward $2.20.