Last week, the hamster price broke through and closed above an important horizontal resistance. Currently, the price is testing the broken structure.
There are indications that suggest a potential significant move from the critical support level at $0.0038. The bullish flag pattern that has been monitored is nearing a breakout above the descending resistance line, which could be a significant moment.
The next target is the key resistance at $0.0060. If the price can maintain stability at this level, there is potential for a strong bullish rally similar to previous upward trends.
However, it is important to be cautious as a loss of momentum could lead to a drop in price.
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