Although the act has been launched, many friends will have questions about how much the target is??? How much can it rise???

First of all, our long positions are perfectly fine to enter; even if we hit the stop-loss, we should take the risk. This pattern has a very high cost-performance ratio because it has been in an upward trend since the bottom. Therefore, going long in an upward trend is not a problem.

Additionally, we should look for high cost-performance positions at support levels to enter. When we marked the price, it was around 0.36u, and it seems we saw it a bit late, but it was still near support. The small-scale pullback position just happens to be an important resistance line that was broken from the bottom.

So here, the resistance line turns into a support position. Once it starts to rise again, the price will at least be near the first high point because it has not yet peaked, which means the probability of an increase is relatively high. After the price reaches the first high point near 0.41, we should pay attention to whether it successfully breaks through. If it fails to break through, it may form a second high point, which is a signal of a peak, and at that time, we should consider taking profits on our long positions.

If it breaks through directly, then we don't need to worry about small-scale peaks; the price will at least reach between 0.48-0.5. So currently, long positions can continue to be held. The above is only my personal understanding and is for reference only! $ACT