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Just opened the market and saw $ONDO dropping down, this wave of short positions really played out.
Before bed, the price was around 0.4, I saw it consolidating sideways at high levels for a long time, buying volume couldn't keep up, and once selling pressure appeared, it started pushing down, so I decisively reminded everyone to short at that time.
Now the price has fallen back to 0.3568, and the profit has reached +520.10%, this move has 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.
Don’t force it at this level, set your stop-loss properly.
If you missed it, no need to rush, there will be more opportunities later.
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