$LSK is up 83% today and I am not touching it. One number is why.
Price is at 70% of its 24h range, right below the hourly high.
1h ATR is 12.2%. any stop tighter than that gets crushed by noise alone.
Already 7.6% off the last hourly peak.
An hourly close and hold above $0.86800.
Or a pullback that holds $0.34120 and bounces.
Tap $LSK and look at the last 24 hourly candles, the level is right there.
It could keep running without you.
Missing a move costs nothing.
A bad entry costs everything.
Chasing $LSK here, or waiting for $0.34120?
📒 My log, last 7d: 16 calls closed, 3 hit a target, 13 stopped. Net -5.8R, losses included.
Binance data as of 16 Sep 20:00 UTC. Not financial advice.
#LSK #RiskManagement
Price is at 70% of its 24h range, right below the hourly high.
1h ATR is 12.2%. any stop tighter than that gets crushed by noise alone.
Already 7.6% off the last hourly peak.
An hourly close and hold above $0.86800.
Or a pullback that holds $0.34120 and bounces.
Tap $LSK and look at the last 24 hourly candles, the level is right there.
It could keep running without you.
Missing a move costs nothing.
A bad entry costs everything.
Chasing $LSK here, or waiting for $0.34120?
📒 My log, last 7d: 16 calls closed, 3 hit a target, 13 stopped. Net -5.8R, losses included.
Binance data as of 16 Sep 20:00 UTC. Not financial advice.
#LSK #RiskManagement