The price has reached the support area, and it has bounced back from there. Currently, it is moving towards the resistance area of the trading range. If the price manages to break above the resistance area, it will be a bullish signal, and the upward movement will continue. However, if the price gets rejected from the resistance area, it will move back towards the support area.
Support Area: $5.97-$6.10
Resistance Area: $7.57-$7.90
