Entry Point:
You might consider entering a long position around the current price of approximately 115,280.6 USDT, especially if you anticipate a reversal or support at this level.
Stop Loss:
A safe stop loss could be set slightly below recent support levels, around 114,950 USDT, to limit potential losses if the price continues downward.
Exit (Target) Price:
For a bullish target, you might aim for a level near the recent high of 124,545.6 USDT or slightly below that, depending on your risk appetite and market conditions.
Note:
Always consider additional technical indicators and market news before executing trades.
Adjust your stop loss and take profit levels based on your risk management strategy.
This is a simplified analysis, and it's recommended to do further research or consult with a financial advisor.