Yesterday $MEGA hit the stop loss, -10.57%, nothing much to say.

Bought in at 0.17098, stop loss set at 0.1529, the logic was fading popularity + on-chain selling, the direction was correct, but I didn't expect it to fall more sharply than I anticipated, dropping straight to 0.14291, taking my stop loss out.

Looking back, the problem was the timing of the entry, that position hadn't fully confirmed the end of the selling yet, I entered too early, should have waited for a clearer failed rebound signal before entering, I was too impatient.

The direction was correct, execution was the issue, for this kind of order, wait for confirmation next time before acting.

But luckily, yesterday $ORCA successfully took profit with a 26% gain, and $ENSO long position is also making money!