Housecoin bottom hit at 11M — quick sub-0.5% scalp
I hit the bottom on Housecoin at 11 million and captured just under a 0.5% move. It was a tidy, short-duration trade that executed as planned.
I treated it as a quick scalp rather than a position trade, so I’m watching for follow-through or signs of reversal before adding exposure.
Analysis
The trade shows limited momentum and a small range—good execution for a short scalp. Without follow-through, the move is likely just an intraday wobble rather than a trend change.
Recommendation
Monitor price action and only re-enter on clear follow-through or a confirmed breakout; avoid adding size after such a shallow swing.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.