💥 #KAITO Token: Hold or Sell? My $22K Approach
Thr day before yesterday I bought 15,073 $KAITO tokens at an average price of $1.45 per token with about $22K, hoping for a recovery to $1.7–$1.8. However, the price has dropped significantly, and $KAITO is now trading at $1.30, showing a bearish trend.
🔹What I have Decided to Do:
✅ I have set a stop-limit sell at $1.23 (below the support level of $1.25) to limit further losses.
✅ I have set a take-profit (TP) at $1.47 to recover my losses if the market bounces back.
🔹 Key Takeaway:
Utilizing stop-limit orders and take-profits helps manage risks in bearish markets. It’s essential to remain flexible and react to current market conditions.
How do you manage your trades in a downtrend?