PEPE/USDT Trade Update - Small Profit Secured đ
I closed my recent PEPE trade today. I had bought 335,970 PEPE at 0.00000391 on Oct 10 and sold 416,679 PEPE at 0.00000399 on Oct 11. The sell order is fully filled.
This trade was based on the bounce I saw from 0.00000364 support. My plan was not to hold for a big pump, just to take small profit near 0.00000400 resistance. PEPE is a meme coin and very volatile, so I prefer quick scalps with small position size.
For this trade, my risk management was simple. Entry near support, exit near recent resistance, and stop loss below 0.00000360 if the support breaks. I did not use leverage and kept position small.
My learning from this trade is that chasing green candles is risky. Waiting for a retest around 0.00000385-0.00000390 gave me a better entry. I am not expecting a big rally yet, I will wait for confirmation above 0.00000429.
This is only for educational purposes and not financial advice. Always do your own research and manage your risk properly.
What is your plan for $PEPE now?
$BTC $ETH
#Write2Earn #PEPEUSDT #CryptoTrading #PEPE #TradeUpdate
I closed my recent PEPE trade today. I had bought 335,970 PEPE at 0.00000391 on Oct 10 and sold 416,679 PEPE at 0.00000399 on Oct 11. The sell order is fully filled.
This trade was based on the bounce I saw from 0.00000364 support. My plan was not to hold for a big pump, just to take small profit near 0.00000400 resistance. PEPE is a meme coin and very volatile, so I prefer quick scalps with small position size.
For this trade, my risk management was simple. Entry near support, exit near recent resistance, and stop loss below 0.00000360 if the support breaks. I did not use leverage and kept position small.
My learning from this trade is that chasing green candles is risky. Waiting for a retest around 0.00000385-0.00000390 gave me a better entry. I am not expecting a big rally yet, I will wait for confirmation above 0.00000429.
This is only for educational purposes and not financial advice. Always do your own research and manage your risk properly.
What is your plan for $PEPE now?
$BTC $ETH
#Write2Earn #PEPEUSDT #CryptoTrading #PEPE #TradeUpdate