$STX is down 4% today and most traders still chase the wrong side of the move
When you buy a pump you are literally taking shares from someone who bought lower and wants out
Look at $STX sitting right in the middle of the day at 0.26700 with volume running high
The seller getting rid of coins here is locking in profits from the swing low at 0.25310
You are walking into their exit liquidity while the 1 hour RSI sits flat at 47
Markets do not hand out easy green candles to people who show up late to the party
Next time wait for the pullback instead of buying the candle that everyone else already sees
#STX #TradingTips
When you buy a pump you are literally taking shares from someone who bought lower and wants out
Look at $STX sitting right in the middle of the day at 0.26700 with volume running high
The seller getting rid of coins here is locking in profits from the swing low at 0.25310
You are walking into their exit liquidity while the 1 hour RSI sits flat at 47
Markets do not hand out easy green candles to people who show up late to the party
Next time wait for the pullback instead of buying the candle that everyone else already sees
#STX #TradingTips