Buy FET if it dips back to 0.23193
Not in yet. Place a buy limit order at 0.23193.
Price now 0.25690 · Price is 10.8% above the limit
- 1. Enter at0.23193
- 2. Stop loss(exit if wrong)0.22362−36% of margin at 10x
- 3. Take profit0.24024+36% of margin at 10x
Why this trade?
- FET climbed above 0.23110, a recent high that had stopped it before.
- When a price breaks a ceiling like that, the ceiling often turns into a floor.
- Instead of chasing the jump, the plan waits for price to dip back to 0.23193 and buys there.
What we checked
- Bigger trend (daily chart). The daily trend is up.
- 4-hour trend. The 4-hour trend is up.
- Safe at 10x leverage. Liquidation would be near 0.20990, well past the stop at 0.22362.
In 6 years of testing, about 54 in 100 of these reached take profit, and a win pays the same as a loss costs.
Size this trade ›Size this trade
- Position
- 120.3 (27.899 USDT)
- Margin at 10x
- 2.7899 USDT
- Loss at stop
- −1.0000 USDT
- Gain at target
- +1.0000 USDT
- Liquidation ≈
- 0.20990
The stop sets the size; leverage only sets the margin. Fees add about 0.1% of the position.