PARTI/USDT Trading Idea: Potential Rebound Play
Given the sharp decline and the proximity to the 24-hour low, one potential (and risky) idea could be a short-term rebound play.
Entry Point: Consider a potential entry point near the $0.3257 level, or slightly above it if you see some signs of buying pressure (e.g., a small green candle forming). You could also consider a very small scaling-in approach, buying a little at $0.3260 and adding slightly more if it touches $0.3257.
Exit Point (Target): A conservative first target could be the previous minor low around $0.3319. A more ambitious target could be around the $0.3400 level, which aligns with a previous area of consolidation.
Stop-Loss: It's crucial to set a stop-loss to manage risk. A stop-loss slightly below the 24-hour low (e.g., $0.3230) would help limit potential losses if the downward trend continues.
Remember to do your own thorough research and analysis before making any trading decisions.
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