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To be honest, $HYPE this pullback looks really relieving, the rhythm is on point.
Earlier when I was watching the chart, it was still hovering around 60.33, I saw the resistance above was very strong, the rally didn't continue, and the bears started to gain strength, so I first abandoned the idea of going long.
The price moved to 59.48, +99.14% has already been realized on the books, the rhythm has been established.
Protect the profits already in hand, take 70% off the table, and keep 30% to see if there can be another move later.
Stay disciplined on the vehicle, don't forget to set stop-losses, and don't panic if there's a rebound later; those who didn't catch it can wait for the next wave, the market isn't short of opportunities.
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