The price is retreating at the support level after a prolonged downtrend, forming a potential base. The monthly timeframe is approaching a major demand zone around $5.58 ?

#♥Price is compressing at support after a prolonged downtrend, forming a potential base.

Monthly timeframe approaching a major demand zone around $5.58 ?

#LINK.

🎯 Target 1: $27.62

🎯 Target 2: $33.97

🎯 Target 3: $40.68