Caught a solid short setup on $LIT—25 minutes to hit 10% profit with clear entry and exit levels. The token's recent price action showed textbook bearish signals on the lower timeframes, and the trade played out exactly as planned. Getting these setups right comes down to disciplined risk management and reading the tape correctly. When you see confluence of technical factors aligning, sometimes you just need to trust the setup and let it work. The key is always having your stop loss and take profit ready before you scale in.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
4
Repost
Share
Comment
0/400
ForkLibertarian
· 6h ago
Hey, 10 points in 25 minutes, this is what it looks like to read the market.
View OriginalReply0
AlgoAlchemist
· 6h ago
25 minutes 10%, luck or skill? I think it's just mental preparation.
View OriginalReply0
RunWithRugs
· 6h ago
25 minutes, 10 points. This short position is indeed impressive.
View OriginalReply0
CryptoSourGrape
· 6h ago
If only I could spot it so quickly too, my LIT order is still there crying.
Caught a solid short setup on $LIT—25 minutes to hit 10% profit with clear entry and exit levels. The token's recent price action showed textbook bearish signals on the lower timeframes, and the trade played out exactly as planned. Getting these setups right comes down to disciplined risk management and reading the tape correctly. When you see confluence of technical factors aligning, sometimes you just need to trust the setup and let it work. The key is always having your stop loss and take profit ready before you scale in.