here are recommendations for entry buy and stop loss (SL):
Entry Buy:
Current Price: 0.11756
If the price experiences a slight drop but holds above the support level around 0.11500–0.11600, that could be a good entry buy opportunity. Entering around 0.11750–0.11800 still offers a chance for profit if the price resumes an upward trend.
Stop Loss (SL):
Based on the chart pattern and support levels, SL should ideally be set around 0.11000. This is a key level, and if breached, it could indicate a significant trend change. Placing SL below this level will help reduce risk if the price moves against the position.
Take Profit (TP):
For the profit target, consider aiming for the 0.12400–0.13000 range, which represents a potential resistance area based on previous price movements.
Summary:
Entry Buy: 0.11750–0.11800
Stop Loss (SL): 0.11000
Take Profit (TP): 0.12400–0.13000 (depending on volatility)
It's important to continuously monitor trading volume and technical indicators (such as RSI, MACD, and MA) to ensure that the trend still supports the entry decision.