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1. Entry Points

Current Price: ~$1.2666

The chart shows a short-term consolidation after a strong downtrend. Price touched a recent low of $1.2331, showing some buying interest around that level.

The price is slightly above the MA(7), which indicates a very short-term bullish attempt, but still well below MA(25) and MA(99), indicating a bearish broader trend.

Entry Strategy:

Aggressive Entry: Around $1.26–$1.27 (current price area), assuming a bounce from $1.2331 low.

Conservative Entry: Break and close above $1.30–$1.32 to confirm short-term bullish momentum and reclaim above MA(25).

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2. Stop-Loss Placement

Below Local Support: Set stop-loss just under the recent swing low of $1.2331, preferably around $1.22. This accounts for slight wicks but protects against deeper downside.

For aggressive traders, tight stop-loss can be at $1.23.

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3. Take-Profit Targets

TP1 (Short-term resistance): $1.34–$1.35 — aligns with the MA(25) and past horizontal resistance.

TP2 (Further rebound): $1.55–$1.56 — minor resistance zone before major trendline.

TP3 (Major resistance): $1.63–$1.65 — recent 24h high.

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Risk-to-Reward (R:R) Example for Aggressive Entry

Entry: $1.26

SL: $1.22 (risk: $0.04)

TP1: $1.35 (reward: $0.09)

R:R = 2.25:1