A retrace to 0.25 Chf would make sense, that's where I initially entered the trade and also bought Call Options.
Although it would make sense technically, a 40% retrace seems unlikely to me in the current environment with green energy, MBTN's new business plan and ambitions.
If I was looking for an entry into MBTN , I'd observe the latest resistance I lined out above.
Once claimed, it can see a healthy run up to 0.66 (Key-Resistance/Support) and up to 1 Chf which is the Golden Pocket pulled from the last high.
The trend remains , no need to think otherwise until proven wrong.