I SHORTED $PIEVERSE NEAR THE TOP
YESTERDAY… AND LOOK WHERE IT IS NOW. 👀
This is exactly the move I was waiting for!
Yesterday, when $PIEVERSE was struggling around $2.10–$2.20, I shared my bearish view. The repeated rejections were telling me buyers were losing strength, and I expected a sharp sell-off.
Now look at the chart. Price has dropped toward $1.73, and my SHORT is showing $5,372 profit.
The best part? My initial downside target has already been reached, but I'm not planning to close the entire position just yet.
The 1-hour chart is still showing lower highs and lower lows. Every small recovery is facing selling pressure, which tells me the bearish structure hasn't changed.
I'm now watching $1.40–$1.30 as a possible next downside area if this selling continues.
Of course, a strong bounce could happen at any time, so I'm keeping an eye on my risk.
One trade, one clear idea, and another beautiful move. I'm still holding part of my SHORT. Let's see how far $PIEVERSE can fall.
YESTERDAY… AND LOOK WHERE IT IS NOW. 👀
This is exactly the move I was waiting for!
Yesterday, when $PIEVERSE was struggling around $2.10–$2.20, I shared my bearish view. The repeated rejections were telling me buyers were losing strength, and I expected a sharp sell-off.
Now look at the chart. Price has dropped toward $1.73, and my SHORT is showing $5,372 profit.
The best part? My initial downside target has already been reached, but I'm not planning to close the entire position just yet.
The 1-hour chart is still showing lower highs and lower lows. Every small recovery is facing selling pressure, which tells me the bearish structure hasn't changed.
I'm now watching $1.40–$1.30 as a possible next downside area if this selling continues.
Of course, a strong bounce could happen at any time, so I'm keeping an eye on my risk.
One trade, one clear idea, and another beautiful move. I'm still holding part of my SHORT. Let's see how far $PIEVERSE can fall.
