The price has recently broken out of a downtrend channel, indicating a potential bullish trend, supported by increased trading volume. Traders might consider entering a long position above $10.20, targeting $15.00, $20.00, and $25.00, with a stop loss around $8.00. Monitoring key levels is essential for managing risk and navigating the trend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.