Current Position: The price is hovering near $0.988, slightly below the 0.5 Fibonacci retracement level ($0.963). This indicates a potential accumulation zone. Support Zone: The green highlighted area (between 0.618 and 1 Fibonacci levels) suggests strong support, with a key level around $0.785. Bullish Scenario: If the price holds above $0.963 (0.5 Fibonacci), we could see a rebound toward the next resistance at $1.002 (0.236 Fibonacci). Breaking $1.002 might target $1.156 or higher levels in the red zone. Ensure proper risk management in volatile conditions.