Plan for ALPACA/USDT
Bearish entry:
If it loses 0.2830 with high volume, enter short.
Do not place the stop too close.
It is better to place the Stop Loss wider, above 0.3050, where if the price rises that much, it invalidates the bearish idea.
Explanation:
We do not want to be taken out on a small spike (wick) to 0.29 or 0.2950.
By placing the Stop Loss higher (0.3050+), we better protect ourselves against liquidity traps.
We accept that if it rises to that point, the short idea no longer makes sense, and we prefer to lose in a controlled manner.
Improved conclusion:
- Bearish entry below 0.2830.
- Wide stop at 0.3050.
- Do not rush, confirm volume.
- Aggressive take profit at 0.2670 and 0.2375.
- Low leverage.