This drop, the market simply stopped moving! 🔥📉 A few days ago, I took one last look before bed, $ESPORTS still bouncing around at high levels, unable to break higher, and not feeling good about a drop either, but what I care about most is the resistance above and the quality of the rebound.


Before the market fully started, ESPORTS was repeatedly testing around 0.08377, but each time it fell just short, with volume not keeping up and weak support. 👀 My judgment at the time was straightforward: don’t chase longs at this level, wait for a short position to be triggered and wait for the fulfillment.
Some money isn’t made through impulsiveness.
Now the price has dropped to 0.0277, with a profit of +1317.90%, this short position has given the answer, and the rhythm is very comfortable. ✅🎯💰
Don’t get overleveraged, close 80% first, and keep the remaining 20% at cost to protect. 📌🛑 If it continues to fall, let the profits run; if it rebounds, don’t turn a comfortable position into a key level.
Take profits when it’s time. ⚠ Don’t chase if you missed it, chasing after the tail can mess with your mindset, wait for a pullback confirmation, and wait for a more comfortable level for the next round. 🔔
$BTC $ETH
ESPORTS-12.41%
BTC-3.26%
ETH-1.86%
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