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Suggestions

Entry:

If you haven't entered yet, consider waiting for a slight pullback closer to 3.00–3.05, as the price is already recovering from a low.

Stop-Loss:

Place a stop-loss slightly below the key support level of 2.89 (e.g., at 2.85) to protect against sudden reversals.

Target (Take-Profit):

First target: 3.44–3.47 (short-term resistance).

Second target: 3.92 (if momentum continues).

Indicators to Watch:

Monitor the RSI; if it crosses 70, the market might be overbought, signaling a potential reversal.

Keep an eye on the volume. Sustained high volume during upward movements indicates strong buying momentum.

Exit Strategy:

Consider partially exiting your position around 3.44–3.47 to secure profits while leaving some to ride to the 3.92 resistance.

Caution:

If the price fails to break 3.44 and starts reversing with declining volume, it may indicate a potential retracement.