$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 š
That 4h move at -29% did not care about my plan.
I should have cut it. Instead I āwaited for confirmationā and let a dead bounce turn into a full stop-out. Volumeās only $359.28K, RSI 33, and this thing is trading like nobodyās home. š©ø
Itās also sitting below the 20d and 50d MAs, and itās already 77% off the 30d high. Thatās not strength. Thatās 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 āwaited for confirmationā and let a dead bounce turn into a full stop-out. Volumeās only $359.28K, RSI 33, and this thing is trading like nobodyās home. š©ø
Itās also sitting below the 20d and 50d MAs, and itās already 77% off the 30d high. Thatās not strength. Thatās a grind lower with no buyers showing up.
I owned the mistake. Still do.
#PERL
#Crypto
#Binance