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$WCT Suggested trading strategy
Purchase point (Entry)
Currently, the price is quite high (floating), buying here is quite risky. You should wait for the adjustment beats (backtest):
• Buy zone 1 (Priority): Around 0.0731 - 0.0735 (MA5 line). This is the buying point if the uptrend is still strong.
• Buy zone 2 (Safer): Around 0.0715 - 0.0720. This is the convergence area of MA10 and the old peak that has just crossed, acting as the current hard support.
Point of sale (Take Profit - City)
• Goal 1: 0.0751 (Check the old peak in the picture again).
• Goal 2: If the old peak is exceeded with a large volume, the next target may be the area of 0.0780 - 0.0800 (Rounding psychological milestones).
Stop Loss (Stop Loss - SL)
• Close the position if the price breaks through the 0.0700 area (The psychological support area and the convergence of many important MA lines).
This is a personal opinion, not investment advice

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