Your stop on $RENDER is probably too tight. It’s at $1.3820, but the 24h low is $1.3640.
A stop below $1.3640 isn’t about fear it’s about admitting you’re wrong when price breaks that level.
The normal hourly swing is 1.0% of price that’s about $0.014.
If you place your stop closer than $1.3640, you’re just getting shaken out by noise.
Tap $RENDER and look at the last 24 hourly candles, the level is right there.
Place your stop below the last clear 24h swing low not a round number, not a percentage.
What’s your rule for where a stop actually belongs?
Binance data as of 15 Sep 05:00 UTC. Not financial advice.
#RENDER #TradingTips
A stop below $1.3640 isn’t about fear it’s about admitting you’re wrong when price breaks that level.
The normal hourly swing is 1.0% of price that’s about $0.014.
If you place your stop closer than $1.3640, you’re just getting shaken out by noise.
Tap $RENDER and look at the last 24 hourly candles, the level is right there.
Place your stop below the last clear 24h swing low not a round number, not a percentage.
What’s your rule for where a stop actually belongs?
Binance data as of 15 Sep 05:00 UTC. Not financial advice.
#RENDER #TradingTips