$BONK
To make this trade more aligned with whale thinking, consider the following points to maximize gains while minimizing the impact of entries and exits on the market:
Whale Strategy for 1000BONK/USDT Trade
1. Entry Zone:
• Split the trade size into multiple small orders and enter gradually between $0.01850 and $0.01900 to avoid pushing the price up quickly due to large buying volume.
• Start with small test positions to gauge the market’s reaction before increasing buying volume.
2. Stop Loss:
• Set a stop loss at $0.01680 (slightly below the support at $0.01700). This gives enough room for price movement to avoid triggering the stop loss due to short-term volatility.
3. Take Profit Targets:
• Target 1: $0.02000 — Take approximately 40-50% of the position at this level to capitalize on the nearby resistance.
• Target 2: $0.02150 — Take an additional 30% if the price surpasses resistance and continues upward.
• Target 3: $0.02300 or higher — Hold the remaining position in case of a strong upward trend, as whales often scale out to benefit from ongoing rallies.
4. Strategic Management:
• Whales usually monitor indicators like trade volume and market flows to confirm trend stability. It’s advisable to track liquidity fluctuations to identify high-activity periods and avoid large slippage during exits.
5. Timing:
• Avoid entering or exiting during low liquidity periods, as the risk of affecting the price is higher.
Good luck 🍀