Trade 1: Breakout Attempt at $0.0031 $BTC
Entry: $0.0031
Exit: $0.0033
Profit: +6.45%
Strategy: Entered during a bullish breakout above the 50-day SMA.
Lesson: Breakouts above key moving averages can yield quick gains, but always set stop-losses to manage risk.
Trade 2: Support Bounce at $0.0028
Entry: $0.0028
Exit: $0.0029
Profit: +3.57%
Strategy: Bought at the established support level, anticipating a bounce. $BNB
Lesson: Support levels can offer reliable entry points, but monitor volume for confirmation.
Trade 3: Failed Breakout at $0.0035
Entry: $0.0035
Exit: $0.0032
Loss: -8.57%
Strategy: Attempted to capitalize on a breakout, but faced resistance.
Lesson: Not all breakouts sustain; always be prepared to exit if the price reverses.