Update on ENS COIN-M Long Position
I opened a long position on ENS COIN-M at $40.21, and when the price dropped to $32, I doubled my position, lowering my average entry price to $36.31 and increasing my liquidation price to around $12.
Yesterday morning, the position was in profit with about 20 ENS, but it has now dipped back into a loss. Despite this, I remain patient and focused on my target profit level at $48.82.
While it might take a few days or even a couple of weeks, I believe the wait will be worth it for the potential handsome returns.
Key Takeaway: Patience is key—trusting the strategy and allowing the trade to play out is essential for success.