$PERL is the one I fumbled hardest this month. I had the bounce mapped, got cute, and watched it dump to $0.004600 while I stared at a red candle like an idiot 😑
That 4h move at -29% did not care about my plan.
I should have cut it. Instead I “waited for confirmation” and let a dead bounce turn into a full stop-out. Volume’s only $359.28K, RSI 33, and this thing is trading like nobody’s home. 🩸
It’s also sitting below the 20d and 50d MAs, and it’s already 77% off the 30d high. That’s not strength. That’s a grind lower with no buyers showing up.
I owned the mistake. Still do.
#PERL
#Crypto
#Binance
That 4h move at -29% did not care about my plan.
I should have cut it. Instead I “waited for confirmation” and let a dead bounce turn into a full stop-out. Volume’s only $359.28K, RSI 33, and this thing is trading like nobody’s home. 🩸
It’s also sitting below the 20d and 50d MAs, and it’s already 77% off the 30d high. That’s not strength. That’s a grind lower with no buyers showing up.
I owned the mistake. Still do.
#PERL
#Crypto
#Binance