NXP/USDT Trade Recap:
NXP listed and quickly spiked to a high of $3.64 after launch.
Price sharply rejected and started forming a lower high structure.
I entered a short position as the price showed weakness below the $2.95-$3.00 zone.
Trade entry was planned around $2.95, with SL above recent high at $3.24, and a target near $2.50.
As expected, price dropped and tested the $2.50 area, fulfilling the target zone.
Clean R:R trade with patience and solid execution.
Key Takeaways:
Always wait for post-listing volatility to settle before entering.
Clear rejection and breakdown gave strong short confirmation.
Risk management and discipline are more important than hype.
Big moves happen fast — but only for the prepared.
