Remember this $TAO short from yesterday? Well… this is how it ended.
$12,506 profit booked 😍.
I entered near the top when $TAO was still looking bullish and people were chasing the pump. But on the lower timeframe, I didn’t like what I was seeing. My whole idea was that late buyers would eventually get trapped and provide liquidity for the move down.
That’s pretty much what happened.
Price dumped from my entry and is now sitting just above my $299 TP. I could wait for the last few dollars, but I’m not interested in squeezing every cent out of a winning trade.
I’m closing it here and taking the $12,500.
Congratulations if you caught this one with me.
More setups coming follow and stay ready.
$12,506 profit booked 😍.
I entered near the top when $TAO was still looking bullish and people were chasing the pump. But on the lower timeframe, I didn’t like what I was seeing. My whole idea was that late buyers would eventually get trapped and provide liquidity for the move down.
That’s pretty much what happened.
Price dumped from my entry and is now sitting just above my $299 TP. I could wait for the last few dollars, but I’m not interested in squeezing every cent out of a winning trade.
I’m closing it here and taking the $12,500.
Congratulations if you caught this one with me.
More setups coming follow and stay ready.
