$1000000BOB
#1000000BOB [Risk Level]: **High**
Volatility Risk: The hourly volatility is extremely high recently, and leveraged trading can easily be liquidated.
Position Risk: It is at a key position just after a breakout. If there is a deep pullback (such as falling below 0.0175), it may form a 'false breakout', leading to a trend reversal.
Liquidity Risk: Trading volume has dramatically shrunk from its peak, and market depth may be insufficient. Large orders in and out can cause significant price slippage.
[Strategy Suggestions]:
Potential Entry Range: 0.0180 - 0.0185. This range is a key support zone after the breakout pullback and is also the lower boundary of the recent fluctuation range, which can be viewed as a bullish defense area.
Stop Loss: 0.0175. A valid drop below this level means the breakout may fail, and one should decisively cut losses.
Target Levels:
First Target: 0.0196 - 0.0200 (near previous high and psychological barrier).
Second Target: 0.0208 (historical high). If there is a breakout on increased volume, higher levels can be expected.
Operation Notes: Given the high risk, it is recommended to test with a light position. Wait for the price to show a reduction in volume and stop falling or a slight rebound with a candlestick pattern (such as aๅญ็บฟ or hammer) before entering. If the price directly breaks below 0.0175 with increased volume, one should abandon the bullish outlook and wait or look for shorting opportunities.
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