If the resistance at 0.00280 is broken with steady volume, the next likely target is 0.00327. • If 0.00327 is broken, the upward movement could extend towards 0.00350 and then 0.00400 in the short/medium term. • If the price fails to break 0.00280, we may see a retest of support at 0.00236 or even 0.00220.
🎯 Target (Take Profit): • First target (Cautious): 0.00242 – Close to the upper Bollinger band and current resistance. • Second target (More ambitious): 0.00260 – In case of a strong breakout of the first resistance with trading momentum.
🛑 Stop Loss: • Cautious stop loss: 0.00216 – Just below support to avoid momentary corrections. • Wider stop loss (if you can take the risk): 0.00210 – Below the last clear low in the long downward candle.