Shu Qin: SPCX


Direction: Short - Low Leverage
Entry: Build position around 173-177, then add to short around 193-197
Confidence: Medium
Leverage: 1x
Position Size: 10%
Take Profit: 1: Around 166 (play it safe) Point 2: Around 153
(If the short at 193 is also filled, then take profit at 177)
Stop Loss: With 1x leverage, it won't liquidate; hold and it will come down because there will be a large unlock later.
Reason: Large unlock of SPCX coming later.
Note: When placing orders, do not place at round numbers as they are hard to fill. Place slightly below the resistance zone for easier execution. Since there are many false breakouts and false breakdowns now, to prevent this, set your stop loss a bit higher, lower the risk-reward ratio, and significantly increase the win rate when trading.
SPCX7.34%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned