Orders
Commemorative【Day 3】Investment Journal
Action: My limit order to sell $Circle(CRCL.US) at 118.2 got filled today. At this point most of the position is out. The main reason was that this area looks like a key resistance zone on the chart, and pushing higher would move the price straight into the next heavy volume node. From a structure perspective, risk-reward didn’t look great anymore.
Another factor is valuation. With CRCL touching roughly a $30B market cap, it feels like the market may already be pricing in a lot of optimism around the stablecoin legislation, even though nothing is finalized yet.
Overall the stock has been incredibly strong. Selling too early is almost a normal outcome with names like this — sometimes the real edge is just taking the win and moving on.
@Bridge Buzz SG
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