Yesterday I completely missed the LUNC rally. Why? Got tempted to short it mid-pump. Sure, the technical setup looked solid for a short position, but here's the thing—the fundamentals were screaming bullish. That fundamental strength completely invalidated my technical read.
Lesson learned the hard way: not every pumping coin deserves a short. Sometimes the underlying story matters way more than your chart pattern. When fundamentals align strong, your pretty setup means jack.
Always respect the narrative behind the price action.
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RetiredMiner
· 5h ago
Haha, getting slapped in the face by fundamentals is the worst. No matter how good the technical pattern looks, it can't withstand the narrative.
Evening folks,
USTC looking massive right now.
Yesterday I completely missed the LUNC rally. Why? Got tempted to short it mid-pump. Sure, the technical setup looked solid for a short position, but here's the thing—the fundamentals were screaming bullish. That fundamental strength completely invalidated my technical read.
Lesson learned the hard way: not every pumping coin deserves a short. Sometimes the underlying story matters way more than your chart pattern. When fundamentals align strong, your pretty setup means jack.
Always respect the narrative behind the price action.