Description :
Price has retested overlap support which is now bouncing back. our buy entry at the current price 0.63974. It could potentially rise to 0.70622 which is a recent swing high resistance.
It is worth noting that there is an ascending channel that is providing bullish momentum to this trade.
Trading Recommendation
Entry: 0.63974
Reason for Entry: Overlap support + bullish channel
Take Profit: 0.70622
Reason for Take Profit:
Recent swing high resistance
Stop Loss: 0.68772
Reason for Stop Loss:
Key support area
