SHORT - $MOODENG | The short setup played out exactly as planned. 📍 Entry around0.03695 🛑 SL: 0.03707 🎯 TP:0.03641 Price continued forming lower highs and lower lows, showing that sellers remained in control of the trend. The MACD also maintained bearish momentum, supporting the short scenario. Result: TP was hit, with an RR of about 1:4.6 📉 A good trade doesn’t require catching the exact top or bottom — it requires trading with the trend and managing risk properly. 💼⚡
The weakening MACD suggests that buying momentum is fading. If price fails to break and hold above 6.611, the probability of a move toward 6.527 increases.
🎯 Trading Plan : 🔴 Stop Loss: 6.611 🟢 Take Profit: 6.527
For now, I still prefer the short scenario unless 6.611 is clearly broken and held. ⚠️📉
⚠️ PENGU showing signs of fatigue on the 3M chart. Rejection near resistance 🛑 Weakening MACD histogram 📊 Lower high structure forming 📉 Keeping a close eye on this structure. Stay safe out there, traders! ⚡
🎯 The moment I entered, the outcome no longer mattered $BTC — only discipline did. Just enter and exit according to the plan. The market doesn’t need me to be right every time; it only needs me to stay disciplined