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Honestly, this market really tests people's patience. 🚨📉 A few days ago in the afternoon, $MBOX was still swinging at high levels, and many people wanted to rush in as long as it didn't fall. I was actually more cautious at the time. No volume on the rally, weak rebound, every upward move just short of momentum.
While everyone was still watching, I kept an eye on the changes in MBOX's support 👀. It was being pressed down at the top, buy orders didn't keep up, this kind of position isn't strong, it's fake. I followed my plan and signaled to open a short position, not chasing that false strength.
As a result, it went from 0.010935 to 0.004012, shorts were taken profit very cleanly, +3048.90% gained 🎯🔥. The previous frustration was real, but coming out of it felt very comfortable.
Some money isn't earned through impulsiveness.
It's time to take profits.
Close 80% of the position first ✅💰, keep the remaining 20% at cost to protect, if it continues downward, let the profits run, and if there's a rebound, don't let good gains turn into pain.
If you missed it, don't chase blindly ⚠. Chasing tail easily gets you hurt, wait for a better position, and when the next signal appears, act then 📢.
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