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COLLECT after dropping from the high levels, the market seems a bit ambiguous. The bears don't look as fierce, and the bulls can't seem to rally. In this lukewarm situation, acting rashly might just backfire.
Looking at the technicals, the 0.07798 level is very critical—if it can hold steady here, there's a possibility of a rebound; but if it breaks below 0.0750 directly, the downtrend is likely to continue.
**Honestly, opening a position now isn't a wise choice.** The trend isn't clear enough, and rushing to short or buy the dip carries the risk of getting caught out. Instead of gambling, it's better to wait until the price shows a clearer direction.
If you really want to trade, then you must set your stop-loss properly—place the short stop-loss above 0.09000, and the long stop-loss below 0.07500. Without clear protective measures, the market can surprise you at any time.