$WLD This price action is getting interesting. The current price is 0.5421, down 8.55% over the past 24 hours. It slid from an intraday high of 0.5968 to a low of 0.5357, and is hugging the bottom of the range, with bears still in control. Trading volume is 57M and the funding rate is -0.002%. Sentiment is bearish, but I’m also watching for a possible rebound here.
I opened a long at 0.5279 this morning, using 1x leverage and 355 USDT. It’s been open for most of the day, and I’m currently up 110 USDT, a 31% return. I didn’t rush to add to the position after entering. With a sharp sell-off like this, catching a reversal is one thing, but chasing a rally is out of the question. Entry price: 0.5279; stop-loss: 0.4902; take-profit: 0.6051. If it falls below 0.4902, I’m out. If it rebounds to 0.6051, I’ll take profit. Near the overhead resistance, I’ll first see whether volume picks up.
I’m still holding the long position, and the key level to watch is whether 0.5357 holds. #BinanceSquare #交易记录 #Altcoins
I opened a long at 0.5279 this morning, using 1x leverage and 355 USDT. It’s been open for most of the day, and I’m currently up 110 USDT, a 31% return. I didn’t rush to add to the position after entering. With a sharp sell-off like this, catching a reversal is one thing, but chasing a rally is out of the question. Entry price: 0.5279; stop-loss: 0.4902; take-profit: 0.6051. If it falls below 0.4902, I’m out. If it rebounds to 0.6051, I’ll take profit. Near the overhead resistance, I’ll first see whether volume picks up.
I’m still holding the long position, and the key level to watch is whether 0.5357 holds. #BinanceSquare #交易记录 #Altcoins