Consider a small entry around 0.0002095 - 0.0002100: If you see some stabilization, a small initial entry could be considered.
Set a tight stop-loss: Due to the recent bearish momentum, a tight stop-loss is crucial to protect capital. Place it just below the recent low, perhaps around 0.0002085 or even slightly lower depending on your risk tolerance.
Set a modest profit target: Aim for a short-term gain, targeting potential resistance levels. Possible profit targets could be:
Target 1: Around 0.000214 - 0.000215 (previous minor resistance)
Target 2: Around 0.000216 - 0.000217 (recent high)
Consider taking partial profits: If the price moves in your favor, consider taking some profits at the first target to secure gains.
Note:
Do Your Own Research:
This is just an idea based on the provided chart. Conduct your own thorough research and analysis before making any trading decisions.
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