4. **Resistance Levels**: Sell targets at **0.1616**, **0.1673**, **0.1730**.
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### **Trading Strategy** #### **Entry Range** - **Long Entry**: **$0.1560 - $0.1580** (near lower Bollinger Band and current price). *Rationale*: Oversold RSI, proximity to support at 24h low ($0.1570), and potential mean reversion toward the middle Bollinger Band ($0.1627).
#### **Stop Loss** - **SL**: **$0.1545** (below the 24h low with a 0.5% buffer to avoid false breakdowns).
#### **Leverage** - **3x** (moderate leverage to balance risk and reward in a volatile market).
#### **Take Profit Targets** 1. **TP1**: **$0.1627** (middle Bollinger Band, 3% gain). 2. **TP2**: **$0.1673** (next resistance from Sell targets, 6% gain). 3. **TP3**: **$0.1730** (key resistance from Sell targets, aligning with 24h high proximity, 9.7% gain).
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### **Risk Management** - **Risk-Reward Ratio**: 1:3 (SL at 1.5% loss vs TP1 at 3% gain). - **Partial Profit Booking**: Close 50% at TP1, 30% at TP2, and 20% at TP3.
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**Final Recommendation**: Enter long in the **$0.1560–0.1580** range, SL at **$0.1545**, leverage **3x**, and scale profits at **$0.1627**, **$0.1673**, and **$0.1730**.
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