Personally in it for the longer run on the larger scale but can't help looking for day trade setups when they present themselves.
After the recent dump following the run in the past couple of months, I feel that price has hit a good level of support, there are no guarantees of course however price is currently in the zone of $0.22, which represents a very proven level in the past.
My target comes from combining the 1.618 fib level with a proven S&R zone slightly lower to increase the chances of realistically hitting the target in the near future, but still retaining a solid R/R.
Personally, I have spent the last couple of years focusing on long term investing & portfolio building, so I've bought in at many various prices, and so I don't worry too much if I buy in at a price like $0.22 and it has a pullback, as it locks in my position early and I'm in no rush to withdraw so I can happily ride out any pullbacks.
If you're looking for a short term trade however, it may be a risky time to take a trade like this as the potential pullback to the $0.17 region could take out the position and daytrades are much harder to ride out & often lead to a loss.
Let me know your thoughts!