-My previous published idea and targets are achieved -The price went even above my $10 target zone -That is a strong bullish push up almost hitting the ATH -Currently, the price has now retraced more than -50% -And testing the 20D MA dynamic support range -This zone is a confluence of 0.786 Fib level -We can see a rejection candle pushing the price above the 20MA -If the next daily candle turns out green on Monday -This will increase our bias of $6 potential new support area -And also, the chances to test the $9 region increases -It would be a good rebuy opportunity if we are expecting another leg up -Do not rush in, always wait for a good confirmation to reduce the risk -This can be only a reaction bounce, not a true support confirmation -So it is better to observe the market for another day of trading -Because our main objective is to minimize the risk and maximizing our profit -Always plan ahead and look at both market direction -I will update next week once new data comes in
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