B2 Trade Setup: Targeting a Deep Correction (Short)! 📉
Entry (Short): 0.415 (Entering at this key level to initiate the short) 🔴
Take Profit 1 (TP1): 0.315 🎯 (This aligns with an historical All-Time Low, according to one source.)
Take Profit 2 (TP2): 0.210 💰
Take Profit 3 (TP3): 0.105 💥 (Extreme High-Reward Target)
Stop Loss (SL): 0.530 🛑
Trade Thesis: B2 is a highly volatile token (a Bitcoin Layer 2 solution) that has seen extreme price fluctuations. The short trade is a bet on a massive bearish reversal or continuation toward its lowest historical support levels.
🛡️ Risk & Money Management (EXTREME VOLATILITY)
Risk per Trade: The distance from Entry (0.420) to Stop Loss (0.530) is 0.110. This is a significant move upward. Due to the high volatility and the fact the targets are so far away, only risk a very small portion (max 1.0%) of your total portfolio capital on this trade.
Profit Lock (Crucial): Given the massive targets, once TP1 (0.315) is hit, take at least 50% of your position off and move your Stop Loss down to the Entry Price (0.420). This ensures you lock in significant profit and eliminate risk while aiming for the extreme targets. 🔒
