✅ Just closed a $MOVE MOVE/USDT Futures trade with +16.51% PNL, and it’s easily one of my favorite setups this week.
I entered the trade after observing strong support forming around a key demand zone, even as bearish sentiment dominated due to the Coinbase delisting news. While most were panicking or fading the bounce, I took the contrarian view — MOVE had just seen a sharp dump, but the volume and order book showed signs of a reversal brewing.
It was a risky move (no pun intended), but with tight stop placement and good R:R, the setup was worth it. I exited after a clean 16.5% gain, locking in profits before the volatility ramped up again. This trade reinforces the importance of trusting your setup, even when the market narrative is screaming otherwise. 📉📊
Using Futures allowed me to size appropriately and manage the position without overexposure. It’s these quick, focused trades that can really stack up over time.
Learning: The market punishes hesitation just as much as recklessness. Know your edge and act decisively. ✅
