$BTW A huge number of short positions opened below $2.05 are now trapped, and many traders are refusing to close at a loss. The market makers could take advantage of this situation and push the price toward $3–$4, potentially triggering massive short liquidations.
If you're considering a long position, you could set a stop-loss around $2.00 to manage your risk. A strong rally could offer significant upside, but remember that no price target is guaranteed. Always manage your risk carefully!
If you're considering a long position, you could set a stop-loss around $2.00 to manage your risk. A strong rally could offer significant upside, but remember that no price target is guaranteed. Always manage your risk carefully!