Executed a profitable exit on my $MET trade, navigating the consolidation phase effectively.
The decision was based on key technical signals: the price was respecting the MA(7) at 0.3241 as local support, but momentum was waning as indicated by the negative MACD histogram and the DIF below zero.
I exited near the 0.3298 resistance level, securing gains before a potential reversal into the established range between 0.3189 and 0.3407. This trade highlights the importance of exiting into strength during ranging markets and not waiting for a perfect top. Profits are profits. Well-planned exits are just as critical as entries.
