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Honestly, this wave of short covering was quite satisfying! 🔥📉 A few days ago in the afternoon, $ASTEROID was still hovering at high levels, many people wanted to chase because they couldn't see it falling, but I was more cautious at the time. Without volume on the rally, it would fall back once pressed from above.
When it was grinding higher during the day, I wasn't looking at whether it was red or green, but whether anyone was catching 👀 ASTEROID. Every time it surged, it lacked continuation, and when the rebound weakened, the short opportunity appeared. So I suggested following the short-selling rhythm at that time.
Now the price has dropped from 0.0003486 to 0.0001142, a +1323.95% profit-taking, the rhythm was right, and the meat naturally went into the bowl 🎯💰.
Understand it and execute, don’t hesitate at the last moment.
When it’s time to eat meat, don’t pretend to be calm.
First close 80% of your position, don’t be greedy for the last bite ✅📌. Keep the remaining 20% as cost basis protection; if it continues downward, let the profit run, and don’t hold hard if it pulls back 🔔.
If you missed it, don’t chase ⚠️. Chasing tail easily gets you hit, be patient and wait for a pullback confirmation, then move at a clearer position in the next round 🚨.
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