Storj / TetherUS
Long

Coin STORJ for position, but …

110
STORJ looks like a potential long after a breakout above 0.0756 on the 4H timeframe.
If that level gets cleared, we could see bullish continuation and a move to the upside.

Suggested stop-loss: around 0.0740.

However… this coin is a special case.

I don’t recommend trading coins like this, especially if you’re managing larger capital.
On my chart, I’ve marked some very unusual wicks and volume spikes—and there’s even more of that behavior. It’s quite clear that market makers are actively manipulating this asset.

Because of that, the probability of getting stopped out—or even liquidated—is very high on this coin.

So it’s better to avoid trading assets like this altogether.
But if you still decide to trade it:

Make sure your position is isolated
Always use a stop-loss
Keep your position size relatively small
You can compensate with leverage (that’s what leverage is for 😄)

Also, pay close attention to your liquidation level.
You don’t want to get liquidated before your stop-loss is triggered—that completely breaks your risk management and can lead to bigger losses than expected.

Make sure your stop-loss order is set to market, so your position actually closes when triggered.

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