Price is moving up an ascending channel and the Kijun Sen has formed support under the price this support is confirmed by the bullish twist on the Kumo, and the flatline seen on the Tenkan indicating the downward momentum is losing inertia.

Stochastic is showing this is heavily oversold.

Ascending ChannelChart PatternsichimokukinkohyoTechnical IndicatorsTrend Analysis

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