I suspect a bounce off EMA 26 (1h) is the most likely scenario.
Failing that, there's further support at EMA 36, two 50% levels, and prior support / resistance lines.
For a low chance of being stopped out, placing your stop at 0.85 provides room for plenty of support.
If you are looking for a more aggressive entry, I would DCA at EMA 26/36 and place the stop just below around 0.93.
Failing that, there's further support at EMA 36, two 50% levels, and prior support / resistance lines.
For a low chance of being stopped out, placing your stop at 0.85 provides room for plenty of support.
If you are looking for a more aggressive entry, I would DCA at EMA 26/36 and place the stop just below around 0.93.