My plan here:
• I will close the old Long position (2 months ago) of $1000PEPE and maintain the Short position opened this afternoon + add more VOL if the price continues to reach a new peak. The expected TP will be longer, and I might wait for Pepe to turn back to the $0.006 area or even $0.005x.
• This trade is quite difficult and hard to digest, so if you find it challenging to trade, you can switch to trade $LIT .
Entry for LIT will still be around $2.7 SHORT -> TP 0.2 price does not yet account for leverage from entry.
• I will close the old Long position (2 months ago) of $1000PEPE and maintain the Short position opened this afternoon + add more VOL if the price continues to reach a new peak. The expected TP will be longer, and I might wait for Pepe to turn back to the $0.006 area or even $0.005x.
• This trade is quite difficult and hard to digest, so if you find it challenging to trade, you can switch to trade $LIT .
Entry for LIT will still be around $2.7 SHORT -> TP 0.2 price does not yet account for leverage from entry.
