$PEOPLE
The bearish trend remains in the short term. Long investors should remain calm and patient and should not rush into the market because the currency has not yet reached the expected decline.
In terms of support levels, there are two key points to watch. The secondary support level is 0.0069, while the primary support level is 0.0065. This primary support level is not only where the price may stabilize, but it may also become an important turning point.
Regarding trading suggestions, the setting of take-profit can be based on the decline in price. When PRICE drops to around 0.007, investors can consider setting a partial take-profit to lock in profits. If the price drops further to around 0.0065, it is also a take-profit area worth paying attention to.
In terms of opening positions, investors with different risk preferences can choose different entry points. For conservative investors (lower risk tolerance), you can consider looking for opening opportunities in the range of 0.0089 to 0.0091. For aggressive investors (with a higher risk tolerance), you can consider opening a position around 0.0092 or even higher around 0.0096.
It should be noted that the 0.0065 position plays an important supporting role and may also form a price circle. If this position can be maintained without being broken, the market may reverse. Therefore, investors need to pay close attention to the dynamics of this position when trading.
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