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Did you understand this trade? 0.30763 went in long, and with the current profit, I feel like I need to look at it twice. If the rhythm is right, this is how straightforward it is.
At the 0.30763 level, $SKYAI was clearly under strong resistance at the top, with a rebound lacking volume, and the order book still showed signs of capital outflow. The price couldn’t push higher, so I didn’t hesitate and directly followed the short entry idea to enter the market.
Now it has dropped to 0.24723, the space has been exploited, with a profit and loss percentage of +481.46%. This trade was indeed quite aggressive.
My approach is simple: take out 80% first to secure profits, and keep the remaining 20% to observe if there’s further continuation.
Don’t neglect the protective stop-loss on the remaining position—if volatility increases, don’t hold on stubbornly.
Don’t chase after missed entries blindly; wait until I see new signals before acting. $BTC $ETH