Investor Here I’m sharing with you, in complete transparency, what happened with $CYBER . I didn’t achieve the goals I initially set for this coin; the liquidation map marked 0,333 as the final target, but the market did the opposite and kept rising with tremendous force until it reached a high of 0,4080.
Since I had a low margin, I was able to average into the position to weather the blow, but this time the map didn’t play out, and I had to take the lesson with a cool head, closing at a loss of -143,57% from the entry at 0,3133 to the average closing price of 0,4025.
Looking at the current chart, the token is trading at 0,3841, up an impressive more than 54% for the day, with massive volume exceeding 194 million USDT.
The structure still shows plenty of room and strength to continue rising, so we can’t commit to just one direction.
Here’s the detailed technical plan, with entries, take profits, and stop losses for trading prudently:
— For a long position (taking advantage of bullish momentum):
- Entry zone: Wait for an orderly pullback or support in the 0,3500 to 0,3650 support zone.
- Take Profit (TP): 0,4150 / 0,4500.
Stop Loss (SL): Strictly below 0,3350.
— For a short position (looking for a correction due to overbought conditions):
- Entry zone: If the price loses momentum at recent highs and falls below the fast moving averages between 0,3900 and 0,4050.
- Take Profit (TP): Look for a drop toward 0,3400 / 0,3100.
- Stop Loss (SL): Set above 0,4150.
📌 Never risk more than you’re willing to lose. Things change quickly in this market, so always trade with discipline and risk management.
Follow me and join my chat room …
#technicalanalysis
Since I had a low margin, I was able to average into the position to weather the blow, but this time the map didn’t play out, and I had to take the lesson with a cool head, closing at a loss of -143,57% from the entry at 0,3133 to the average closing price of 0,4025.
Looking at the current chart, the token is trading at 0,3841, up an impressive more than 54% for the day, with massive volume exceeding 194 million USDT.
The structure still shows plenty of room and strength to continue rising, so we can’t commit to just one direction.
Here’s the detailed technical plan, with entries, take profits, and stop losses for trading prudently:
— For a long position (taking advantage of bullish momentum):
- Entry zone: Wait for an orderly pullback or support in the 0,3500 to 0,3650 support zone.
- Take Profit (TP): 0,4150 / 0,4500.
Stop Loss (SL): Strictly below 0,3350.
— For a short position (looking for a correction due to overbought conditions):
- Entry zone: If the price loses momentum at recent highs and falls below the fast moving averages between 0,3900 and 0,4050.
- Take Profit (TP): Look for a drop toward 0,3400 / 0,3100.
- Stop Loss (SL): Set above 0,4150.
📌 Never risk more than you’re willing to lose. Things change quickly in this market, so always trade with discipline and risk management.
Follow me and join my chat room …
#technicalanalysis
