Took a long on MOGUSDT at 1.1967, expecting a bounce from support, but it kept sliding down. Ended up closing at 1.0534 for a loss. What went wrong? I ignored the bearish signals from the moving averages and entered without waiting for proper confirmation. Lesson learned: always respect the trend and use tighter stop-losses. Next time, I’ll wait for a clear reversal with volume support before jumping in.
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