$Q 1 hours +8.51%, current price 0.02812. If you’re thinking of chasing, first ask yourself three questions:
① The 24-hour high of 0.02998 hasn’t been broken yet. Is the risk-reward still worthwhile?
② This is a sharp, impulsive surge. What will you do if the price pulls back?
③ Have you decided where your exit is?
Only act once you have answers to all three. If you can’t answer them, it’s better to let the opportunity pass.
When the urge to chase is strongest, that’s often when you most need to stay calm.
① The 24-hour high of 0.02998 hasn’t been broken yet. Is the risk-reward still worthwhile?
② This is a sharp, impulsive surge. What will you do if the price pulls back?
③ Have you decided where your exit is?
Only act once you have answers to all three. If you can’t answer them, it’s better to let the opportunity pass.
When the urge to chase is strongest, that’s often when you most need to stay calm.