Vincent AY
OP104803845
:
The price now, 2.3x is at the middle, it is neither at the support or resistant, buying now is like betting big or small. If you buy at support, at least can still cut loss if the plan is not going our way. If buying for long term 6M-12M, we can buy now.
Vincent AY
OP
:
If the absence of strong buying momentum, the price may pullback to retest key moving average support level. The EMA-20 at 2.26 offer first potential support level and a deeper correction could target EMA-40 at 2.08.