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Don't blink, this wave of short covering was executed very cleanly! 🔥📉 A few days ago, before bed, $PEPE was still watching it go up, looking like it didn't want to come down, but what I cared about more at the time was: no volume on the upward move, buying pressure not following, and it falling back as soon as it hit resistance.
Before the market fully weakened, I kept an eye on PEPE's rebound strength, and the more I looked, the more I felt it was fake. Every attempt to go higher didn't continue, the momentum wasn't strong enough, so I executed a short around 0.000003529. 👀📌
Now the price is at 0.000002689, with a profit of +1688.93%, this wave gave the answer very directly. ✅💰🎉
I'm not afraid of it grinding sideways, I'm just afraid you'll panic first.
Position management is simple: first close 80%, leave the remaining 20% at cost to protect. 🎯🔔 If it continues downward, let the profit run; if it pulls back up, don't fight it. 🛑
If you missed it, don't chase; chasing often leads to getting hit. ⚠️ Wait for a pullback confirmation, wait for a clearer position in the next round before taking action. 📢
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