$G is up 77% today and I am not touching it. One number is why.
1h RSI at 75. momentum is stretched thin.
Volume is 35.0x the 7-day average. this is a retail frenzy, not a trend.
Price is 9.5% off the hourly high and sitting at 75% of the 24h range. buying here means chasing the last 77% of the move.
Tap $G and look at the last 24 hourly candles, the level is right there.
It could keep running without you. Missing it costs nothing. Getting killed on a false breakout costs everything.
Chasing $G here, or waiting for $0.004190?
📒 My log, last 7d: 30 calls closed, 14 hit a target, 15 stopped. Net +13.4R, losses included.
Binance data as of 18 Sep 10:30 UTC. Not financial advice.
#G #RiskManagement
1h RSI at 75. momentum is stretched thin.
Volume is 35.0x the 7-day average. this is a retail frenzy, not a trend.
Price is 9.5% off the hourly high and sitting at 75% of the 24h range. buying here means chasing the last 77% of the move.
Tap $G and look at the last 24 hourly candles, the level is right there.
It could keep running without you. Missing it costs nothing. Getting killed on a false breakout costs everything.
Chasing $G here, or waiting for $0.004190?
📒 My log, last 7d: 30 calls closed, 14 hit a target, 15 stopped. Net +13.4R, losses included.
Binance data as of 18 Sep 10:30 UTC. Not financial advice.
#G #RiskManagement