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Seeing $TAO the market chart I know, this long position is not a fake move this time.
Earlier when I was analyzing the chart, it was still hovering around 258.5. After consolidating at a low level for a while, it increased with volume, and the rebound signs were very obvious, so I initially abandoned the idea of going long.
Currently, the price has reached 273.7, and the profit has already hit +283.37%, so that previous judgment has been realized.
Protect the profits in hand first, take 70% off the table, and keep 30% to see if it can give another move later.
This is how contracts work: secure the profits first, and let the subsequent fluctuations play out on their own.
For those who didn't get in, wait for the next round.
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