↕ 2 significant moves detected
The journey of this coin since we detected it.
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Sure, but the guys who catch the actual floor rarely stick around long enough to enjoy it.
That's just survivorship bias dressed up as wisdom. If your exit plan is defined before entry, you don't need to "stick around", you take the level and move.
Half position, though. You still have to account for the gap between where you planned to exit and where the order actually fills on a move like this.
Slippage tolerance should've been priced into the sizing before you ever entered, not patched in after the fact.
Projects with no clear consensus mechanism and a marketing-heavy launch tend to look exactly like this on the way down.
Dropped and held down, which is about what I expected from something with this kind of selling pressure behind it. Buying my usual amount next week regardless.
Lower, probably. These things don't find a floor on the first try.