### Key Levels and Indicators
- Current Price: 0.15187
- 24h High: 0.16287
- 24h Low: 0.14800
- MA(60): 0.15073 (acting as a support/resistance level)
- MA(5) and MA(10): Short-term moving averages which can indicate momentum.
### Long Position Setup
- Entry Point: Enter a long position if the price crosses above 0.153 (just above the current resistance level).
- Take Profit (TP): First TP around 0.157, and a secondary target at 0.162 (24h high).
- Stop Loss (SL): Set SL around 0.150, below MA(60) for protection against a downturn.
- Trade Duration: If the trade goes against you, monitor closely for about 15–30 minutes. If the price remains below 0.151 for a prolonged period, consider exiting.
### Short Position Setup
- Entry Point: Enter a short position if the price drops below 0.150.
- Take Profit (TP): First TP at 0.148 (24h low) and a secondary target around 0.145.
- Stop Loss (SL): Place SL around 0.153 (above the resistance level).
- Trade Duration: If the trade goes against you and price climbs above 0.151 for more than 15–30 minutes, consider cutting losses.
### Risk Management and Contingency Plan
If signals turn against you:
- Exit Strategy: Monitor the price action near the SL levels. If price fluctuates near your SL but does not hit it, consider reducing the position size or exiting half of the trade.
- Capital Allocation: Consider only risking 1–2% of your capital per trade.
### Summary
- Long Setup: Entry above 0.153, TP at 0.157 and 0.162, SL at 0.150.
- Short Setup: Entry below 0.150, TP at 0.148 and 0.145, SL at 0.153.
Ensure you have a disciplined approach to avoid significant losses if the trade goes against you.
