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A few days ago I was holding on stubbornly, but today’s drop just made me give up! 🔥📉 During the intraday rally $SPK looked pretty strong, but I wasn’t watching the surface price movements, I was paying attention to the volume — every time it surged, there was no volume, and it would soften immediately after the surge.
While everyone else was still watching, I saw the details of SPK very clearly: obvious resistance above, not enough buying pressure, weak rebound 👀 So my thinking was simple at the time: don’t chase longs, wait until it can’t push higher, and short around 0.02386.
Now it’s already down to 0.01829, with a return of +1656.42%, this short position has been quite profitable ✅🎉 If you waited patiently earlier, you can now secure steady gains later.
I’m not afraid of it grinding sideways, I’m just worried you’ll panic first.
Chasing after it will only get you hurt.
Position management isn’t complicated — first close 80% to lock in the main profit 💰📌, leave the remaining 20% at the cost basis for protection, and if it continues downward, follow the trend and take profits. If it rebounds, don’t hard hold.
If you missed the move, don’t chase ⚠️ The market isn’t short of opportunities, it’s short of patience. Wait for a clear signal before acting again 🔔
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