TUSDT pumped more than 44% in just a few hours, volume surged + heavy negative funding rate (-3%).
Sensing too much FOMO, I decided to enter a Short position at the 0.02150 area with x20 leverage.
The scenario at that time:
⢠Price was just rejected from the peak of 0.02228
⢠KDJ crossed down from the overbought area
⢠Volume after the pump started to gradually decrease
⢠Price is sideways around MA7 => light distribution signal
I didn't wait for the next pump but chose to bet on the possibility of a sell-off before moving forward.
Expecting a drop to 0.02120 ā 0.02090, if it breaks strongly, then it will drop to the 0.02050 area.
Currently, the price is fluctuating right at the entry area, nothing too unfavorable yet, but it hasn't confirmed a strong decrease.
SL is still kept above 0.02230, TP is being set up according to technical structure.
#TUSDT #BinanceAlphaAlert