Swing Trade Setups for $C
Preferred: Long (high-conviction medium-term breakout/impulse setup on daily wedge resolution).
Entry Zones:
Aggressive: Current ~$0.087 (momentum continuation near 0.382 Fib).
Safer: Pullback to $0.082–$0.085 demand or 4H EMA/Ichimoku support.
Confirmation: Volume spike on bounce + MACD expansion + close above $0.094 on 4H/daily.
Avoid shorting — strong trend + negative funding favors longs (high squeeze risk).
3-Step Stop Loss (SL) Strategy
Initial SL: Below demand/Fib ($0.081 or $0.079) — ~7–9% risk from current (fits perp volatility).
Move to breakeven once price reclaims $0.090 or hits TP1.
Trail SL using 4H EMA cloud or rising breakout support (locks profits on run).
5-Step Take Profit (TP) Targets (scale out from 4 TPs)
TP1: $0.090–$0.092 (0.236 Fib + minor resistance) — scale out 20%.
TP2: $0.0946 (24h high retest) — scale out 20%.
TP3: $0.100–$0.107 (psychological + 1.272 Fib) — scale out 25%.
TP4: $0.115 (1.618 Fib) — scale out 25%.
TP5 (runner): $0.13+ or next major supply (hold 10% with trailing SL).
Risk Management & Risk/Reward Ratio
Risk max 1% of account per trade.
Position size: Base on SL distance (e.g., 7–9% stop → conservative 0.2–0.3x leverage for swing).
Scale in: Add on 4H pullback to $0.082–$0.085 demand after initial entry.
Scale out: Use the 4 TPs (partial closes reduce exposure and stress).
Target RR 1:3+ overall (entry ~$0.087, average TP ~$0.105+ = excellent 1:3 to 1:5+).
Use 4H/daily for direction, 1H for timing. Monitor funding (negative good for longs) and avoid news spikes.