The asset experienced a swift move of 10% to 13% from the support level, but it ultimately declined due to volatile market conditions. If you managed to take profits during that upswing, that’s a positive outcome, or perhaps you were taken out at breakeven. Currently, the price is approaching a significant support zone, and there is an expectation for a similar reaction around the $1.36 to $1.50 range. This area could provide an opportunity for a rebound, making it a key level to watch in the upcoming sessions.

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