Potential Trade Setup Ideas :
Given the strong bullish momentum and technical signals, consider a long (buy) position.
* Entry:
* Immediate Entry (Aggressive): If confident in the momentum, enter around the current price (0.1298), anticipating a continuation towards higher resistance.
* Pullback Entry (Conservative): Wait for a slight pullback to retest the EMA(7) or EMA(25) (around 0.128 - 0.122) and enter if signs of support/bounce appear. This provides a better risk-reward.
* Breakout Entry: Wait for a confirmed breakout above the 0.1361 level with strong volume, as this would indicate a push beyond immediate strong resistance.
* Target:
* Short-Term Target: The previous high around 0.1361 is the immediate resistance level to watch.
* Mid-Term Targets: If 0.1361 is broken, look for potential targets around 0.145-0.150
* Stop-Loss:
* Tighter Stop: Just below the EMA(7) or EMA(25), perhaps around 0.1270 or 0.1200, depending on your risk tolerance.
* Wider Stop: Below the recent swing low of the rally, maybe around 0.1150 or even the absolute low of 0.0994 if aiming for a longer-term reversal play. A stop below 0.1200 seems reasonable for a short-term trade.
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