The OCO order in Binance creates two orders at the same time:
Either a profit sale or a stop loss 👍🏻👍🏻👍🏻
🔹 1. Take Profit Order
• If the price reaches your target (for example, 0.76) → the sale is executed automatically and you take your profits.
🔹 2. Stop Loss Order
• If the price drops to the danger point (for example, 0.70) → a sell order is triggered at a lower price (for example, 0.690) to protect you from larger losses.
🔁 Only one of them is executed, and the other is automatically canceled.
