The price is nicely bouncing off the 0.5 USD floor and the RSI on the daily chart is cool at 30.
I'm placing the 5-6% Stop Loss just slightly below Support Level. With this the deal has a worthwhile Risk to Reward ratio.
Good luck!
Adam
Entry: 05305
StopLoss: 05024
Takeprofit:
1: 06108
2: 07000
3: 07800
After reaching TP1 I'm moving stoploss to break-even.
*not a financial advice