$q Countdown to the November 2 unlock: Don’t rush to chase after taking profits
Long strategy: Enter at 0.056–0.063, set a stop-loss at 0.05, and target 0.086. But the November 2 unlock is a known variable, so take profits in stages.
Take some off at 0.068, move your stop-loss up at 0.075, continue taking profits at 0.083, and only reduce—not add to—your position near 0.086. Exit if the price falls below 0.05.
What to do after taking profits
· Don’t chase longs above 0.080. Only use profits to trade if volume surges and the price holds above 0.086; don’t touch your principal.
· If 0.075 holds on a retest and on-chain funds are still flowing in, re-enter with a small position and set a stop-loss below 0.070.
· Consider a second entry only if volume contracts and a long lower wick forms at 0.066–0.068. Don’t enter if the price falls below 0.066.
· The original entry zone is 0.056–0.063. Only consider buying if support at 0.051 holds with a long lower wick and buyers return. Don’t buy the dip just because the price has fallen a lot.
Don’t enter if you see these signals: rising volume but little price progress; consecutive long upper wicks; the smart-money long/short ratio rapidly falling from 4x; on-chain flows turning negative; large holders moving tokens to exchanges; 0.051 breaking without a long lower wick; or a fall below 0.05.
Discipline: Proactively reduce your position 1–3 days before the unlock. Don’t bet big on a direction on the day of the unlock. After the unlock, wait for a breakout above 0.086 or for the price to retest 0.066–0.075 and stabilize, then trade based on the signals.
In short: The broader trend is bullish, but take profits before the unlock. Don’t chase above 0.080; watch for support at 0.075; only re-enter at 0.066–0.068 if volume contracts; stop trading if the price falls below 0.05.
The Plaza feed may be delayed; give priority to the latest news. Follow the Chai Army and earn your first fortune 👇
#q
Long strategy: Enter at 0.056–0.063, set a stop-loss at 0.05, and target 0.086. But the November 2 unlock is a known variable, so take profits in stages.
Take some off at 0.068, move your stop-loss up at 0.075, continue taking profits at 0.083, and only reduce—not add to—your position near 0.086. Exit if the price falls below 0.05.
What to do after taking profits
· Don’t chase longs above 0.080. Only use profits to trade if volume surges and the price holds above 0.086; don’t touch your principal.
· If 0.075 holds on a retest and on-chain funds are still flowing in, re-enter with a small position and set a stop-loss below 0.070.
· Consider a second entry only if volume contracts and a long lower wick forms at 0.066–0.068. Don’t enter if the price falls below 0.066.
· The original entry zone is 0.056–0.063. Only consider buying if support at 0.051 holds with a long lower wick and buyers return. Don’t buy the dip just because the price has fallen a lot.
Don’t enter if you see these signals: rising volume but little price progress; consecutive long upper wicks; the smart-money long/short ratio rapidly falling from 4x; on-chain flows turning negative; large holders moving tokens to exchanges; 0.051 breaking without a long lower wick; or a fall below 0.05.
Discipline: Proactively reduce your position 1–3 days before the unlock. Don’t bet big on a direction on the day of the unlock. After the unlock, wait for a breakout above 0.086 or for the price to retest 0.066–0.075 and stabilize, then trade based on the signals.
In short: The broader trend is bullish, but take profits before the unlock. Don’t chase above 0.080; watch for support at 0.075; only re-enter at 0.066–0.068 if volume contracts; stop trading if the price falls below 0.05.
The Plaza feed may be delayed; give priority to the latest news. Follow the Chai Army and earn your first fortune 👇
#q