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Recently, I became interested in the MAVIA coin and decided to chase a position.
My plan is as follows: the short-term target is to reach the 0.15 level. If the market cooperates, there is a chance to push towards 0.2. Based on this target, I set the stop loss at 0.075, so the loss is manageable.
Since this is a chasing trade, I recommend not to open a large position and to leave enough room to handle possible fluctuations. After all, chasing hot spots always involves risks, and controlling the position size is key to long-term survival.