Imagine rolling out of bed to see a post about shorting $NEIRO —now hold on! Shorting isn’t about jumping the gun; it’s about careful confirmation and reading signals accurately. Before you think of shorting, here are some critical guidelines. For starters, shorting against a coin that's above the 50 EMA (the yellow line) on a 4-hour or daily chart is risky business. Always respect the 50 EMA, using it as a safe limit for any short position.
Here's a safe approach to shorting $NEIRO or any other coin: First, plot trendlines on your chart for a clear view. A valid short position only materializes if $NEIRO breaks below the trendline with a decisive candle close. Next, look for retests—ideally, the price will attempt to reclaim the trendline multiple times and fail. At this point, the 50 EMA and trendline both act as a barrier, offering a stronger signal that bears are in control. For longing $NEIRO, the reverse logic applies: the price should break above the trendline, retest it successfully, and hold, signaling an attempt to push higher.
Remember, shorting is high-stakes. It’s smarter to skip a short than to panic and exit a losing trade hastily. Take this as your guide to minimizing risk and maximizing patience in your trades. Rest up—trading smartly beats chasing impulses every time.
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