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BIGTIME just snapped that downtrend. Pretty clean break honestly.
Here's how I'm playing this: gonna sit tight and watch for a daily candle closing above 0.02346. That's my green light. Once we're there? I'm in. Stop loss kicks in if we see a 4-hour close dipping below that level.
Now if price can't hold and we get a daily close under 0.02346, I'm not panicking. Got a backup plan—taking position around 0.02233 instead. Same deal with the stop: any 4-hour candle closing beneath it and I'm out.
Patience is key here. No rush. Let the price confirm the move first.