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After this drop, all the whining from a few days ago was worth it! 🔥📉 When the market was approaching a top during the session, $RLC looked like it wanted to push higher, but I had no desire to chase, instead I focused on the short covering.
Before the market fully started moving, RLC rebounded several times but couldn't stabilize, with clear resistance above, buying volume was not active, and the volume couldn't keep up 👀 I judged that this position was heavily prone to trap traders, so I shorted around 0.4613.
Now the price has dropped to 0.3071, with a return of +1609.78%, this move was quite smooth 🎯💰 Not every time do you have to rush in quickly, the key is not to get the direction wrong.
Some money isn't earned through impulsiveness.
Chasing after others easily leads to getting hit.
Don't be greedy with your position, first close 80% ✅, and keep the remaining 20% at cost to protect 🔹 Take the main profit first, if it continues to drop later, let the profit run, and don't disrupt the rhythm with a rebound.
If you missed it, don't chase ⚠️ Wait for the next clear signal, wait for the pullback confirmation, don't get anxious just because it drops, the next entry will be at a more comfortable position 📢
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