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This drop really cleared out the market! 📉🔥
A few days ago, before bed, I was watching $PENGU , the price was fluctuating high back and forth, seeming like it was gathering strength on the surface, but the more I looked, the more it seemed shaky. The resistance above was always pressing down, and the volume didn't keep up; several attempts to push higher were met with no buyers. I immediately judged that this wasn't strength, but rather a false breakout luring in longs.
Before the market fully started moving, I saw PENGU was struggling to rebound, with clear lack of support, so I planned to short around 0.008448. 👀
Some money isn't earned through impulsiveness.
Now the price has come to 0.006285, this wave's profit is +1816.72%, and the bearish rhythm is on point. 🎯💰 The previous grind was indeed annoying, but coming out of it feels really satisfying.
I'm not greedy with my position; first close 80%, and put the main part into my pocket. ✅ The remaining 20% is protected at cost; if it continues to drop, let the profit run, and if it rebounds, don't give the profit back. 🔔
Chasing after others makes you easy to get hit. ⚠️ If you didn't catch the move, don't chase; wait for a clearer signal next time, wait for a pullback confirmation, and look for a better position on the next attempt. 📌
$BTC $ETH