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Just opened the chart and saw $EGLD crashing down, this wave of short orders really played out.
Before going to bed for a review, the price was around 3.789, I saw it grinding sideways at a high level for a long time, buying volume couldn't keep up, and as selling pressure appeared, it started to push down, so I decisively reminded everyone to short at that time.
The price dropped to 3.725, a +49.52% gain has already been realized on the books, the rhythm has been played out.
My suggestion is to take 80% of the profit first, and take the remaining 20% lightly, don’t give back what you’ve earned.
Stay disciplined on the move, don’t forget to set stop-losses, and don’t panic if there’s a rebound later; if you missed it, wait for the next wave, the market isn’t short of opportunities.
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