71% of investors are still in a loss, which actually reduces the immediate selling pressure in the market. This indicates a bullish signal, and the price may test the resistance level of 2.18 and may rebound to 2.47. The market looks promising to break out of the current trading range, and now is the time to prepare for a possible bullish rally.
It is recommended to establish a long position now and set two stop losses at 1.59 and 1.51 to control the risk.