This drop directly caused the market to stop supporting! 📉🔥 When I opened the market this morning and saw $NIL , my first reaction was: the high-level stubborn support from a few days ago finally couldn't hold anymore. A few days ago, it repeatedly tried to go up overnight, but the volume kept lagging behind, and it softened whenever pressed from above.


Before the market fully started, I was watching NIL's support, and I noticed every time it pulled back, no one was catching it, and the rebound was very weak 👀. At that time, I suggested following the bearish rhythm, don't be misled by false rallies, and execute a short around 0.07288.
Now the price has dropped to 0.03909, with a return of +2232.79%, this profit feels really good ✅💰. It was tough earlier, but coming out was truly satisfying.
This is the rhythm.
Don’t get emotionally attached to profits.
I will first close 80% of my position, with the main part put into my pocket 🎯. The remaining 20% will be kept at cost to protect the position; if it continues to drop, let the profits run, and if it rebounds, don’t give the profits back ⚠.
If you missed out, don’t chase; chasing can easily mess with your mindset 🚨. Wait for a clearer signal next time, wait for the pullback confirmation, and act once the new structure appears.
$BTC $ETH
NIL-7.00%
BTC-2.02%
ETH-2.73%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned