Your stop on $OP is at $0.133. that’s just noise.
The real swing low is $0.12210.
That’s where the market proved buyers were done.
A stop above that gets shaken out by normal 2.5% hourly swings.
2.5% of $0.13620 is $0.0034. that’s $0.1328.
You’re not protecting your trade. You’re feeding the bots.
A stop belongs below the level that proves you wrong.
Open $OP and set an alert at the level.
What’s your rule for placing stops?
Binance data as of 23 Sep 09:20 UTC.
#OP #TradingTips
The real swing low is $0.12210.
That’s where the market proved buyers were done.
A stop above that gets shaken out by normal 2.5% hourly swings.
2.5% of $0.13620 is $0.0034. that’s $0.1328.
You’re not protecting your trade. You’re feeding the bots.
A stop belongs below the level that proves you wrong.
Open $OP and set an alert at the level.
What’s your rule for placing stops?
Binance data as of 23 Sep 09:20 UTC.
#OP #TradingTips