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Open a coin, tap ⚙️ Automations, then 📋 Limit Order. You can also place one in a single message: see Place one with a command.

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Place a limit buy

1

Set the market cap

Tap a trigger button for a move from the market cap now, or tap Mcap and send a level. Below the current cap, it buys the dip; above it, the breakout.
You can change the trigger buttons in Presets.
2

Set the spend

What the order spends when it fires. Nothing leaves your balance until then. Minimum $1, or $5 on Ethereum.
3

Set the expiry

24 hours unless you change it. See Expiry.
4

Create it

Tap ✅ Create Limit Order. The coin’s panel then lists it.
You can have up to 5 limit buys per coin on each wallet.

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Place a limit sell

The same flow from the Selling side of the panel, sized as a percentage of what you hold instead of dollars. A limit sell is the manual version of a take profit. It can also be made trailing. For several exits, or exits attached to the position, use TP/SL.

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Place one with a command

/limit and a coin’s address opens the limit panel; reply /limit to a coin’s panel to open it on that panel’s side. Add a trigger and an amount to place the order straight away:
  • Trigger: a move from the market cap now (2x, +50%, -30%), a market cap (200k, 2.5m), or a price ($0.002). A number with no k, m or b is read as a price, so write 5k for a $5,000 market cap.
  • Amount: a dollar figure buys; a percent sells that share of what you hold.
  • Expiry: buys only, 24 hours if you leave it out. A sell stays until it fills or you cancel it.
Replying to a coin’s panel, leave out the address.

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After it fires

Dawn messages you like a manual trade, and the position appears in your portfolio. If it fails, your USDC stays on your balance.
If the price jumps past your level by more than your slippage allows, the order waits instead of filling into the gap. See Why an order has not fired.

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Editing and cancelling

Tap ✏️ Edit Orders on the coin’s limit panel to change or cancel its limit buys, or send /orders to see everything at once. See Managing orders.