This drop, the market simply stopped moving! 🔥📉 A few days ago, I took one last look before bed, $PENGU still bouncing around at high levels, unable to break higher, and not feeling good about a decline either, but what I care about most is the resistance above and the quality of the rebound.


Before the market fully started, PENGU repeatedly tested the breakout around 0.008848, but each time it fell just short, with volume not supporting it and weak consolidation. 👀 My judgment at the time was straightforward: don’t chase long at this position, wait for a short position to be opened and profit to be realized.
Some money isn’t earned through impulsiveness.
Now the price has dropped to 0.006876, with a profit of +1581.42%, this short position has given the answer, and the rhythm is very comfortable. ✅🎯💰
Don’t get overleveraged, first close 80%, and keep the remaining 20% at the cost price for protection. 📌🛑 If it continues to fall, let the profits run; if it rebounds, don’t turn a comfortable position into a key level.
Take profits when it’s time. ⚠ Don’t chase if you missed out; chasing after can mess with your mindset. Wait for a pullback confirmation, and wait for a more comfortable position in the next round. 🔔
$BTC $ETH
PENGU6.04%
BTC1.98%
ETH2.33%
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