$MONOS
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
Originally, my target was to stop loss at 1M Why did I ultimately choose to add a bit of position? Let me talk about my own logic here. The logic for laying out in the 1.1M-1.5M range is based on Fibonacci retracement, which is also my consistent style of bottom fishing.
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AI visual note: A TradingView candlestick chart displays the bStocks token ($BSTOCKS) on a 1-hour timeframe, with Fibonacci retracement levels (0.236, 0.382, 0.5, 0.618, 0.786, 1) overlaid to show a market structure from approximately $0.0028 down to $0.0007. The chart illustrates the trader's bottom-fishing strategy in the 1.1M-1.5M range, justifying why they chose to add positions rather than stop out at 1M, with current price action showing recovery near the 0.618 level around $0.0011.