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Venue: Gate Chat Group
Time: Jan. 7, 04:00 AM (UTC)
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Details: https://www.gate.com/announcements/article/48693
PEPE
Direction: Low leverage short
Entry: Around 0.0061-0.0062
Confidence level: Medium
Leverage: 5x
Position size: 10% of the account each time
Take profit: Level 1: Around 0.0055 (for stability) Level 2: Around 0.005
Stop loss: Slightly above 0.0065 with a small margin
Reason: As analyzed today
Note: Do not place orders at integer levels, as they are hard to execute. It's easier to place orders just below resistance or just above support. Currently, due to many fake breakouts and fake breakdowns, to prevent such situations, we set stop-loss a bit higher, lower the risk-reward ratio, and significantly increase the win rate when trading.