Long positions are enjoying it, short positions are having a small bite
MF红柚
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#ai16z
AI16Z: Currently, the daily level is in an upward trend (it can also be said to be in an ascending channel). The hourly level has a need for a pullback. I personally suggest that the best entry point is around the 0.135-0.13 range. At the same time, pay attention to whether the upward trend will break due to the pullback. To prevent false breaks, you can set the stop loss around the 0.125-0.12 range. The upper resistance levels are 0.16 for the hourly chart, 0.17 for the 4-hour chart, 0.19 for the 4-hour chart, and 0.2 for the daily level. After entering the market, don't look too far ahead. Consider continuing to look upward only after breaking through the resistance levels. Haste makes waste; just take it step by step.
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