#Write2Earrn . Identification of Key Fibonacci Levels:
• Level 23.6%: $0.10043
• Level 38.2%: $0.09598
• Level 50%: $0.09387
• Level 61.8%: $0.09176
• Level 78.6%: $0.08831
. Entry Strategy:
• We are looking for an entry point near the 38.2% ($0.09598) or 50% ($0.09387) levels, where there is usually a rebound in an uptrend.
. Stop Loss:
• A stop loss is placed just below the 78.6% level ($0.08831), which would be approximately $0.0880. This limits losses in case the price continues to decline.
. Take Profit:
• Take profit can be placed near the recent high ($0.11185) or at previous resistance levels identified on the chart, which in this case could be around $0.1100.