We took the entry in $PROM bit early…. no doubt about that……but the main rejection zone is still the same. If you look back, price has reacted from this exact area multiple times before.

That’s why I had confidence in this zone. Even though the SL was there, I didn’t set mine at that moment because I expected a possible fake move before the reaction.

Now the trade is starting to recover. If you didn’t take the entry earlier, this becomes a better opportunity for you….entering closer to the key zone gives a stronger position.

And if you’re already in the trade, hold it with proper risk management. This area still has a high chance of giving a rejection.

#ShootingIncidentAtWhiteHouseCorrespondentsDinner #EthereumFoundationUnstakes$48.9MillionWorthofETH