This smash really tore open the market disguise! 📉🔥


A few days ago, I saw $DOGE still bouncing around at high levels before bed, looking solid on the surface, but the more I watched, the more hollow it felt. Resistance above has been there all along, volume hasn't kept up, every time it surged, no one was there to catch it. I judged at the time that this move was more like a trap to lure in longs, not suitable for chasing the rally.
Before the market fully activated, I kept an eye on DOGE's rebound strength, saw it soften with each surge, clearly lacking support, so I planned to open a short around 0.10199 👀🎯
Now the price has dropped to 0.08027, with a profit of +1981.48%, this short position feels really comfortable ✅💰
This is the rhythm.
Don't be greedy with your position; first close 80%, and keep the remaining 20% to protect the cost basis 📌🛑. If it continues to drop, let the profits run; if it rebounds, don’t give back what you’ve earned.
When making money, the most feared thing is suddenly getting overexcited. ⚠️
If you missed out, don’t chase; chasing can easily mess with your mindset. Wait for a clearer signal next time, wait for a pullback confirmation, then look for the next opportunity 🔔
$BTC $ETH
DOGE-5.45%
BTC-2.79%
ETH-5.34%
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