Talk about why to short #MOODENG . Discuss my trading logic.

Those who have traded cryptocurrencies know that listing on Binance is the last bullish signal. Looking at the chart 0.08 -> 0.17, it has more than doubled. If there are still topics, it can continue to rise with no problem.

But the amount that needs to be realized for profit is at this listing on Binance. So the future trend is hard to say, but most memes are like past memes; listing on Binance is the peak. Plus, Bitcoin is now at 68000. The upside is limited, and the chance of a drop is high.

With this logic, isn't it reasonable to short a coin that has already more than doubled?

For new coins just listed, shorting and doing some grid trading for short-term fluctuations is stable. 😎

$BTC $MOODENG