$MANTA Wait for a clear bullish reversal signal like a higher high and higher low formation or a bullish engulfing candle. You could also consider entering on a pullback to the 1.05 level.
Aggressive Entry: Enter at the current price of 1.099, assuming the bullish trend continues.
Stop-Loss:
Conservative Stop-Loss: Place the stop-loss below the recent swing low (around 1.013) to limit potential losses.
Aggressive Stop-Loss: Place the stop-loss slightly below the entry price (e.g., 1.090).
Profit Targets:
Short-Term Target: Aim for a profit target of 5-10% from your entry price. This could be around 1.154 - 1.209.
Intermediate-Term Target: Consider a target near the 1.12 level, which represents a significant resistance level.
Long-Term Target: If the overall market sentiment remains bullish, you could set a longer-term target near the 1.15 level.
Key Levels:
Resistance: 1.12
Support: 1.05, 1.013$MANTA