CSPR, Perfect DCA Opportunity?

Sector: Layer 1, Smart Contract Platform
Market Cap: $350M

CSPR found its support level around $0.025 in June 2022 and has held it ever since. We have formed a range with an upper bound between $0.055 and $0.060.

We're now close to the lower boundary, so if you think the project has solid fundamentals, this zone is ideal for starting a DCA strategy with a small part of your wallet. We could bounce back in the next few days/weeks. Or we may make a quick visit below support level to get as many investors as possible to give up, depending on Bitcoin.

There are two Take Profit strategies open to you: take profits once we reach the upper limit of the range. Or just sell a small part if we remain bullish and manage to form a bullish structure that suggests extraction from the top and higher prices on a longer time scale.