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Honestly, this market really knows how to mess with people. 🚨📉
A few days ago, before bed, I saw CHZ still slowly climbing at a high level, many people thought it was going to surge, but I felt uneasy instead. No volume surge, weak rebound, soft at the top when touched—at this kind of position, I prefer to wait for it to show a flaw rather than chase and gamble.
While everyone was still watching, I saw $CHZ each time it surged forward, just short of momentum, buy orders couldn't keep up, and selling pressure pushed it back 👀. The idea I suggested back then was very simple: open a short, wait for it to decline after hitting resistance and fulfill the downside.
Now it has dropped from 0.047 to 0.02445, a +2310.55% increase, right there 🎯🔥
When it's time to take profits, don’t pretend to be calm.
Understand it and execute, don’t hesitate at the last moment.
Don’t be greedy with your position, close 80% ✅💰 first, move the remaining 20% to the cost basis for protection, and if it continues downward, let the profits run; if it rebounds, don’t hard hold.
If you missed it, don’t chase ⚠. Good positions are not chased after they appear; they are waiting for you. Wait for a clearer signal next time, wait for a more comfortable position to make a move 📌
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