Hey everyone! Just wanted to share a quick recap of a successful **short trade** I took on **ALPACA/USDT (Perpetual Futures)**.
**Position Type:** Short **Entry Price:** 1.360687 **Close Price:** 1.21352 **Profit:** +21.49 USDT
### Why I Took the Short:
**Bearish Price Action:** The chart showed signs of a potential reversal from a recent high, indicating weakness.
- **Technical Indicators:** I noticed momentum fading along with resistance rejection — perfect setup for a short entry.
- **Market Sentiment:** There was also broader weakness in altcoins during this period, which added confluence.
I entered as price started pulling back and held through the dip. Closed the position near the local bottom for solid profits.
**Key Takeaway:** When price structure, momentum, and market conditions align — short opportunities can be just as powerful as longs.
Let me know if you want a breakdown of the chart or my strategy behind it. Happy trading!