$VVV Open a long position
Let's try a long position of 10000u first.
The logic is very simple, the daily trend is clearly bullish, and the overall direction is upward, going long is just going with the flow. Although there are real-time fluctuations at the 4-hour level, the RSI at the smaller level (15 minutes) has already dropped to 38.32, indicating that short-term selling pressure is exhausting, and the price is just back testing the support area of 6.444 - 6.558, which is an excellent opportunity to enter.
Don't wait until it rises to chase, don't buy on the pullback, do you want to wait until it reaches the target to stand guard? Entering now has a very high cost-performance ratio. Setting the stop loss at 5.956 is very reasonable, giving enough room for fluctuations. If it effectively breaks below here, it indicates that the short-term structure is broken, and it's not shameful to admit defeat and leave.
The upper target is initially 6.910, which is likely to be reached. As long as the trend continues, 7.183 and 7.591 will be the next two juicy targets. The risk-reward ratio is perfect, enter directly at this position and hold on for the wind to come!
