$SPCXB 5 minutes, up 2.61%, currently at 162.93. If you're thinking of chasing the rally, consider these three questions first:
① It hasn't broken above the 24-hour high of 163.93 yet—is the risk/reward worth it?
② This is a sharp, impulsive surge. What will you do if a pullback comes?
③ Have you figured out your exit plan?
Don't make a move until you have answers to all three. If you can't answer them, you'd be better off sitting this one out.
@Binance BiBi
① It hasn't broken above the 24-hour high of 163.93 yet—is the risk/reward worth it?
② This is a sharp, impulsive surge. What will you do if a pullback comes?
③ Have you figured out your exit plan?
Don't make a move until you have answers to all three. If you can't answer them, you'd be better off sitting this one out.
@Binance BiBi