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Follow along, first check the position. $ARC This short position has already created some room, don’t just watch for fun, those holding positions should stabilize their rhythm first.
0.06584 I was watching this level very closely at the time, the resistance above was very strong, the rebound had no strength, and the selling pressure was too high for the bulls to handle, so I directly advised to short without hesitation.
Now the price has fallen back to 0.06448, from entry to here, the profit has already been +20.48%.
My approach is simple: take out 70% to lock in profits, keep the remaining 30% light and continue watching, let it run if there’s room, don’t be greedy and give back the profits.
Make sure to set your stop-loss properly if you’re already in the trade, these fluctuations can cause quick reversals; if you missed it, don’t chase, wait for the next signal, I’ll remind you again if there’s an opportunity later. $BTC $ETH