Zora’s short on #Dood was incredibly decisive.
Earlier, when he called the short, he laid out clear risk controls: “Short #Dood, with a stop loss at 0.005.”
Looking at the live trade today, the return has surged to +77%, with nearly $9,000 in unrealized profit on a single position!
Shorting small-cap coins and meme coins takes serious discipline:
Many people are afraid to short because they worry about a sudden spike from a wick. But if you set your stop firmly in advance at the key resistance level of 0.005, as he did, your risk is fully capped;
when the broader market weakens and liquidity dries up, small assets like these—with little fundamental support—can fall much faster than Bitcoin.
That said, the price has already plunged from 0.0044 to 0.0025. If you haven’t entered yet, don’t blindly chase the short or try to catch a falling knife in the middle of the sell-off. Stay alert for a rebound triggered by short covering at any moment.
When you short altcoins, what percentage do you usually cap your stop loss at?
#山寨币热点 #DOOD $DOOD
Earlier, when he called the short, he laid out clear risk controls: “Short #Dood, with a stop loss at 0.005.”
Looking at the live trade today, the return has surged to +77%, with nearly $9,000 in unrealized profit on a single position!
Shorting small-cap coins and meme coins takes serious discipline:
Many people are afraid to short because they worry about a sudden spike from a wick. But if you set your stop firmly in advance at the key resistance level of 0.005, as he did, your risk is fully capped;
when the broader market weakens and liquidity dries up, small assets like these—with little fundamental support—can fall much faster than Bitcoin.
That said, the price has already plunged from 0.0044 to 0.0025. If you haven’t entered yet, don’t blindly chase the short or try to catch a falling knife in the middle of the sell-off. Stay alert for a rebound triggered by short covering at any moment.
When you short altcoins, what percentage do you usually cap your stop loss at?
#山寨币热点 #DOOD $DOOD
