$KMNO Done TP1 & TP2, profit taking, a clean short trade 🔻
The KMNO short order hit TP1 and TP2 in a beautiful and planned drop 🔥
For those who entered from the 0.0248 – 0.0250 range, you have taken profit at TP1 (0.0242) and TP2 (0.0236). You can move your stop loss to the break-even point or let a small portion continue to TP3 (0.0228) if you still expect a deeper drop.
Looking back at the plan: KMNO Short Trading Plan (20x)
Entry point: 0.0248 – 0.0250
SL: 0.0258
TP1: 0.0242 ✅
TP2: 0.0236 ✅
TP3: 0.0228 (can leave a portion)
The price dropped quite neatly after being rejected at the resistance zone. With 20x leverage, those who entered at the right zone made very good profits. After the two TP points, taking profit was mostly reasonable. Those who wanted to take more risk could keep a small portion to continue to TP3.
Did you take profit at TP2 or still hold a portion to go down to TP3? Comment below! 🚀