$US I TOOK THE SHORT BUT HERE’S WHAT I’M WATCHING NEXT‼️
This wasn’t a random “coin is going down, so I’ll short” trade. I was watching the reaction after that crazy move up.
$US pushed hard, then started losing the higher levels and that gave me the short opportunity I was waiting for.
Now the interesting part is what happens next. I’m not chasing another entry here.
📍 $0.0285–$0.0287 = major area I’m watching. If price reclaims this zone with strong volume and holds above it, the short idea gets weaker and I’d start watching $0.0305 → $0.033 → $0.035.
But if price gets rejected there and then loses $0.0245–$0.0255, I’d be watching the downside toward $0.0225 → $0.020.
Until one of those happens, I’d rather WAIT than force a trade. That’s probably the biggest lesson from this one: having a direction in mind is not the same as having confirmation. Leverage can make a correct idea go wrong very quickly if the position size is too large.
#US $MOVR #cryptotrading #BinanceSquare