$EIGEN hit a new high in 4h, but aggressive selling flow dominated the last 20 hours. I opened a short.
Entry at 0.2776.
Initial stop at 0.2977 (7.2% higher). No TP: I use a trailing stop—it moves down with the low and closes the position if the price rebounds to it; 7 days is just the maximum.
The risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$EIGEN #trading #futures
Entry at 0.2776.
Initial stop at 0.2977 (7.2% higher). No TP: I use a trailing stop—it moves down with the low and closes the position if the price rebounds to it; 7 days is just the maximum.
The risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$EIGEN #trading #futures