Previously, I shared the signal:
> 📊 Current price was $0.7355
📈 Resistance: $0.7417
Potential target: $0.7450–$0.7500
⚠️ Stop-loss: $0.7325
At the time of writing the update, the price is at $0.7338, and the movement remains limited.
💡 What to do now?
1️⃣ For those who bought at $0.74 (like me):
Hold the position if you are confident in a soon breakthrough of $0.7417.
If the price falls below $0.7325, exit the trade to minimize losses.
2️⃣ Technical analysis:
The price remains within the Bollinger Bands, indicating a lack of momentum.
MACD shows a neutral signal, and Stochastic RSI is approaching a potential reversal zone.
3️⃣ New recommendations:
Aggressive approach: Hold the trade until the breakthrough of $0.7417.
Conservative approach: Partially secure the position and wait for trend confirmation.