If price breaks below 50EMA it may get down to test support in the area around green box, which could be a good long entry for a possible move up to test upper limit of the channel. We may set TP at TP1 41$ TP2 42,25$ SL would be around 38,61$ depending on the risk you are willing to take. This is not a big trade, just a long position idea to take some decent profit up to 7,6% approx.
Note
We just got into the entry zone. Stochastic RSI went oversold too. Now let's see how it plays out.
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