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Just opened the market and saw $PIPPIN crashing down, this wave of short positions really played out.
Earlier when I was watching the chart, the price was around 0.0243, I saw the resistance above was very strong, the rally didn't continue, and the bears started to gain strength, so I decisively reminded everyone to short.
The price dropped to 0.0131, +907.51% has already been realized on the books, the rhythm has been set.
My advice is to lock in 70% of the profit first, take the remaining 30% lightly, don't give back what you've gained.
Stay disciplined in the car, don't forget to set stop-losses, and don't panic if there's a rebound later; if you didn't catch it, wait for the next wave, the market isn't short of opportunities.
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