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Professional Analysis

#### Support and Resistance Levels

- **Support Levels:**

- $2.461: This level has acted as a support in the recent past.

- $2.226: This is the 24-hour low and a significant support level.

- $2.154: This level is marked on the chart and has acted as a support level previously.

- **Resistance Levels:**

- $3.125: This is the 24-hour high and a significant resistance level.

- $3.174: This level is marked on the chart and has acted as a resistance level previously.

#### Entry Signal

- **Entry Point:** Considering the recent bullish momentum, an entry point around the current price of $2.923 could be considered. However, it's essential to wait for a confirmation of the uptrend, such as a breakout above the $3.125 resistance level with strong volume.

#### Stop Loss and Take Profit Levels

- **Stop Loss:** A stop loss can be set just below the recent support level, around $2.461, to minimize potential losses.

- **Take Profit:**

- **First Target:** $3.125 (24-hour high and resistance level).

- **Second Target:** $3.174 (next resistance level).

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