After bouncing from the Monthly support, now it has 200 EMA in Daily chart as a resistance. If it manages to break this resistance it can rally up. Next resistance is the trend-line from the Daily chart. If daily closes above the 200 EMA, a low risk long trade can be entered with a tight stop-loss below the 200 EMA in Daily chart.
Take Profit 1 - $3.4 Take Profit 2 - $4.4 Take Profit 3 - $5.8
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