CREAMUSDT : Potential Upside or Further Decline!?

CREAMUSDT
The CREAMUSDT price chart shows that the currency is currently moving within a channel. Recently, it touched the lower boundary of the channel at $62. There is an expectation that the price may now rise to the $80 level. However, there is also a possibility that it may continue to decline until it reaches the support level at $60, from where it might rebound upwards.