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🌱 GRASS/USDT. BUY THE PULLBACK, NOT THE PUMP
GRASS has been moving up strong lately. However I do not want to jump and buy GRASS while the price is already pumping.
Instead I am keeping an eye on the 0.3060–0.3013 area to see if the price pulls back there.
📌 Buy Limit: 0.3060 – 0.3013
🛑 Stop Loss: 0.2960
🎯 TP1: 0.3147
🎯 TP2: 0.3252
TP3: 0.3371
🎯 TP4: 0.3501
🎯 TP5: 0.3636
Why am I looking at this?
My plan is very basic. I want to let the price hit a buying zone rather than chasing the price when it is too high.
The 0.3013–0.3060 zone is a deal. This is where buyers showed interest before. If GRASS drops back into this zone and people start buying I think GRASS will try to move higher once more.
My first goal is 0.3147. If the price hits 0.3147 it shows me that buyers are back in the game.
If the price moves past that with a lot of strength I will look toward 0.3252 and 0.3371. After that 0.3501 and 0.3636 are the goals.
One thing I really like about this plan is that I know when I am wrong.
0.2960 is my limit.
If the price falls below 0.2960 then my idea for GRASS is wrong. I will not hold the position just because I am hoping for a miracle.
If I enter in the middle of the zone I am only risking, about 2–2.5%.. If I hit TP5 I could make nearly 20%. This makes the risk and reward look very good long as the entry zone works.
⚠️ No entries. No revenge trading. No moving the SL lower.
I would rather miss a trade than let my feelings take over the trade.
Would you set a buy limit in the 0.3013–0.3060 zone. Would you wait to see GRASS move up before you buy? 👇
#GRASS #CryptoTrading #Altcoins $GRASS @Gate_Square