Hy guys! โค๏ธ๐
Iโm excited to share a quick breakdown of my latest DOGE/USDT trade โ a clean and profitable short position that ended in green โ . Even though the gain was small, every successful trade builds confidence and experience. Letโs dive in! ๐
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๐ Trade Type: Perpetual Futures (Short)
This was a perpetual trade, meaning I wasnโt limited by expiry time โณ. I entered a short position, expecting the price of DOGE to go down. ๐
Direction: Short ๐ป
Pair: DOGE/USDT ๐ฑ
Leverage: Not shown, but likely used ๐
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๐งพ Entry & Exit Details
Here's the breakdown of the numbers:
Entry Price: 0.17011 ๐
Close Price: 0.16893 ๐
PNL (Profit & Loss): +0.20 โ ๐ข
While the profit might look small, it was a precise and well-timed move. Perfect for low-risk scalping or a test trade. ๐ฏ
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๐ Chart Movement & Strategy
The mini chart on the screenshot shows price volatility. Right after entering, DOGE showed a bit of choppiness โ with ups and downs โ before it gradually trended lower.
๐ธ I entered near a minor peak.
๐ธ I stayed in the trade through several waves.
๐ธ Price eventually fell enough to lock in green.
๐ธ The final drop confirmed my analysis.
๐ธ I closed before any reversal โ smart move! ๐ง
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๐ ๏ธ Trade Strategy Overview
This was a scalp or short-term intraday short. Here's what worked for me:
๐ Identified resistance level at 0.170+
๐ Confirmed weakening momentum
๐ก๏ธ Kept risk low
โฐ Exited at the right time
In such tight ranges, discipline is key. You donโt need massive moves โ you need precision. ๐ฏ
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๐ฌ Final Thoughts
Trading is not always about big wins. Sometimes it's about consistency, patience, and discipline. ๐
This trade may seem small in dollar terms, but itโs a big win in execution.
Each green trade sharpens your strategy and mindset. ๐ง ๐ก
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โ Key Takeaways
๐ Short trades work well in choppy or downward markets
๐ Respect your entry and exit points
๐ Donโt chase โ let the setup come to you
๐ Celebrate small wins ๐
๐ Review every trade for improvement
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Thanks for reading! Let me know if you also caught the DOGE move or planning to enter again ๐๐
Stay sharp, stay safe โ and happy trading! ๐๐๐ผ
