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The current price is around 0.00000870. Let me break down the current trading strategy. I want to emphasize one key point — cryptocurrency volatility is intense, and each single position must be controlled within 2% of the total account funds. This is not a suggestion; it is a survival rule.
The bullish logic is actually simple. If the price stabilizes around 0.00000850 after a pullback, that’s a good entry point for a long position. It’s recommended to build positions gradually, rather than going all in at once. After entering, set the stop-loss at 0.00000835 — this is the lower boundary of support. If it breaks below, you must exit, don’t be sentimental. Regarding targets, first watch the small resistance at 0.00000890; once reached, consider reducing your position. If the price continues upward, 0.00000900 is a strong resistance level and also a good opportunity to take profits gradually.
Conversely, what if the bears are in control? When the price rebounds to 0.00000890 and faces resistance, that’s a good entry point for a short position. Set the stop-loss at 0.00000905 above to prevent false breakouts from wrecking your account. The targets for the short are more straightforward: first look at 0.00000860, then at 0.00000850.
The core principle is simple: once the stop-loss is triggered, you must exit. Don’t fight the market. Most losses are not from entering the trade but from refusing to cut losses in time. Protecting your principal is always more important than chasing profits.