I know many of you are watching $TUT after that explosive move from $0.05 to $0.20 and thinking you missed the opportunity...😄😞
But this is exactly where FOMO becomes dangerous.
After a 100%+ move, chasing the price can turn a good trade into a bad entry very quickly. Right now, $TUT is sitting in an uncertain zone, and I'd rather wait for a clear setup than force a trade.
I'm watching for a proper pullback into a strong support area, followed by confirmation from price action.
No chasing. No emotional entries. No trying to catch every candle.
The next opportunity will come. The key is having enough patience and capital left to take it when the setup actually makes sense.
You don't need to catch every pump to make money. Sometimes protecting your capital is the best trade.
But this is exactly where FOMO becomes dangerous.
After a 100%+ move, chasing the price can turn a good trade into a bad entry very quickly. Right now, $TUT is sitting in an uncertain zone, and I'd rather wait for a clear setup than force a trade.
I'm watching for a proper pullback into a strong support area, followed by confirmation from price action.
No chasing. No emotional entries. No trying to catch every candle.
The next opportunity will come. The key is having enough patience and capital left to take it when the setup actually makes sense.
You don't need to catch every pump to make money. Sometimes protecting your capital is the best trade.