10$ is Major Resistance zone.
It is highly likely that this zone will be reached in June, because many investors and people would like to see a price in that zone.
We can see that at this moment the price is undervalued and it is a great investment to take.
TP -- 9.90 - 10.00 $
SL -- 8.10 - 8.30 $ (Depends on your risk tolerance)
ENTRY -- 8.60 - 8.80 $
Daily FIBO 38.2 is in the same level as Major Resistance level, this can work as a strong magnet for a price movement.
Be patient and risk wisely!
It is highly likely that this zone will be reached in June, because many investors and people would like to see a price in that zone.
We can see that at this moment the price is undervalued and it is a great investment to take.
TP -- 9.90 - 10.00 $
SL -- 8.10 - 8.30 $ (Depends on your risk tolerance)
ENTRY -- 8.60 - 8.80 $
Daily FIBO 38.2 is in the same level as Major Resistance level, this can work as a strong magnet for a price movement.
Be patient and risk wisely!