Your stop on
$ORDI at $3.80 is getting killed by normal noise.
It’s not about what feels safe it’s about where you’re proven wrong.
The 24h swing low is $3.8260.
That’s the level that says the downtrend still has steam.
Tap
$ORDI and look at the last 24 hourly candles, the level is right there.
A 1.3% hourly swing means anything below $3.8260 is just noise.
Stop there, not at $3.80 or $3.75.
Your next stop belongs below the last clear swing low.
What’s your rule for placing a stop?
Binance data as of 16 Sep 15:30 UTC. Not financial advice.
#ORDI #TradingTips