Your stop on $ENA at $0.195 is just feeding the bots.
It’s at $0.20070 right now.
The last 24h swing low is $0.19830.
That’s the level that proves you wrong.
A stop below that? Fine.
A stop at $0.195? That’s noise.
The 1h ATR is 2.2% of price.
That’s $0.0044 of swing.
Any stop tighter than $0.19830 gets killed by normal movement.
Place your stop below the last swing low. Not a round number. Not a percentage.
Open $ENA and set an alert at the level.
Where do you put yours?
Binance data as of 24 Sep 10:20 UTC.
#ENA #TradingTips
It’s at $0.20070 right now.
The last 24h swing low is $0.19830.
That’s the level that proves you wrong.
A stop below that? Fine.
A stop at $0.195? That’s noise.
The 1h ATR is 2.2% of price.
That’s $0.0044 of swing.
Any stop tighter than $0.19830 gets killed by normal movement.
Place your stop below the last swing low. Not a round number. Not a percentage.
Open $ENA and set an alert at the level.
Where do you put yours?
Binance data as of 24 Sep 10:20 UTC.
#ENA #TradingTips