Suggested Entry: Around $1.1920–$1.1950
The price has recently rebounded from the $1.1784 low and showed bullish momentum up to $1.2006. The pullback to around $1.1950 could offer a favorable entry if momentum resumes.
2. Stop Loss Placement
Suggested Stop Loss: Below $1.1870
This is just below recent support levels seen in the short-term range. It helps manage downside risk if the price breaks downward.
Bonus: Take Profit Idea (Short-Term)
First target: $1.2000–$1.2050Second target (if bullish momentum builds): $1.2100+
