Your stop on $CHR at $0.024 is getting crushed by noise.
๐ Price is at $0.02521, 86% up from the 24h low of $0.01727.
๐ฏ The 1h ATR is 4% of price. thatโs $0.00101 swing.
๐ A stop tighter than $0.01727 ignores the actual market structure.
โ The last 24h swing low is the level that proves you wrong.
If price breaks below $0.01727, your thesis is invalid. not at $0.023.
Place your stop below the proven swing low, not a round number.
Don't take my word for it. Tap $CHR and look at the candles.
Whatโs your rule for where a stop actually belongs?
Binance data as of 22 Sep 17:20 UTC.
#CHR #TradingTips
๐ Price is at $0.02521, 86% up from the 24h low of $0.01727.
๐ฏ The 1h ATR is 4% of price. thatโs $0.00101 swing.
๐ A stop tighter than $0.01727 ignores the actual market structure.
โ The last 24h swing low is the level that proves you wrong.
If price breaks below $0.01727, your thesis is invalid. not at $0.023.
Place your stop below the proven swing low, not a round number.
Don't take my word for it. Tap $CHR and look at the candles.
Whatโs your rule for where a stop actually belongs?
Binance data as of 22 Sep 17:20 UTC.
#CHR #TradingTips