Trading Strategy
A. Entry Point
Ideal entry: Around MA(7) which is $3.32 during retracement, or now for aggressive entry.
Bullish confirmation: If price is able to break and sustain above $3.60 (local resistance / previous high).
B. Take Profit (TP) Target
TP 1: $3.60 (resistance test)
TP 2: $3.76 (previous high)
TP 3: $4.00 (psychological number)
C. Stop Loss (SL)
Conservative SL: $3.25 (below MA(7))
Long-term SL: $3.00 (MA(99) as strong support level)