Price is respecting the ascending trendline and recently bounced from the 61.8% Fibonacci level, showing bullish reaction.
As long as price holds above 0.054 – 0.052 zone, the bullish structure remains valid.
Main resistance levels:
• 0.0605 (23.6% Fib)
• 0.0658 (Previous high / 0% Fib)
Bullish continuation above 0.0605 can open the path toward 0.0658 and potentially higher.
If price breaks below 0.052, the structure weakens and deeper correction toward 0.048 – 0.045 is possible.
Trend bias: Short-term bullish while holding trendline support.