If we don't have a new low, we might form an uptrend continuation setup.
- Going long from this level might be a good opportunity (I'm already in from a bit lower, but it was a riskier entry).
- Risk a 15 to 25% decline for a potential rally to 0.075 in the coming weeks.
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Determine your position size based on 1-3 times the daily ATR. (I don't reccomend stops, nor leverage)
Might consolidate for an extended period of time, not worth it to risk money on it now. I'll hold mine as a hedge to BTC, since it's a small position but I wouldn't advise you to buy now expecting any kind of move. (nor to short)