MY $C TRADE: PLAYING THE REVERSAL, AVOIDING THE TRAP
My plan for $C Chainbase is to ride the bullish momentum of the reversal but be smart enough to avoid the trap. This means taking profit before the inevitable wall of sellers.
$C Entry: My bids are layered in the $0.2480 - $0.2520 zone on the first pullback.
Stop Loss: Placed at $0.2390, below the recent higher low.
Targets:
🎯 Target 1: $0.2720 (Retest the high)
🎯 Target 2: $0.2950 (Selling before the big $0.30 resistance)
I will be taking full profit at Target 2. The plan is to capitalize on this short term momentum for C and then step aside, letting others get caught in the trap. @Chainbase Official #chainbase