#StopLossStrategies

has shown a sharp decline, touching a 24h low of $106.28, with a strong recovery attempt now stabilizing around $108.25. Volatility is high – perfect for strategic entries.

Short Entry: Consider entering a short around $110–$112, near the MA(7) resistance. Set a stop-loss at $115.5 to protect against false breakouts.

Target for Short: $106, and if broken, aim for $103.

Long Entry: A safe long setup would form above $112.5 after a confirmed breakout and volume surge. Conservative traders may wait for a close above MA(25) at $114.85.

Target for Long: $118 first, then $121+ if momentum continues.