Break of the trendline and the strongish bear rally suggest that downtrend is weakening and the formation of a bottom. Narrow consolidation below resitance and reducing volume is a bullish sign. Break of the recent high of $1.84 would offer a target $2.20-$2.40, while a break of $1.63 would mean another test of the recent low of $1,20
This is not an investment advice
buru chart
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