After the double bottom test, there are now signs of stabilization and rebound. At this point, you can consider entering the market, with considerable profit expectations. Initial position building: enter at the current price down to the 1.2 price range; additional buying opportunity: operate in the 1.1 to 1.08 range.
Target price one is set around 1.36, and target price two is in the 1.5 to 1.6 range. If you have concerns, it's advisable to wait until the evening data is released for a reassessment.
Please note that for all cryptocurrencies involving stocks, unless specifically mentioned, the maximum hard stop-loss limit is 20%.
Once the additional buying is completed, wait for the price to rise near the cost price and sell half of the position. This strategy is applicable to all cryptocurrencies.
