if candles in daily timeframe has enough power and break singla line, we could open long until level 0.7 fibo to get profit
as you can see current Chart says us that SOLONA ended up the current bearish trend at Daily timeframe. also it has a Engulfing pattern for new bullish trend and it have upper LOWER LOW and HIGHER HIGH. you cant Entry in target zoon.
I think we have a true Engulfing pattern at the bottom of last LOWER LOW and in daily Timeframe we can enter