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A few days ago, it was putting up a strong front, but today it directly dropped the answer! 📉😎
Opening the chart this morning and seeing $XAG this pullback, my first reaction was: that volume-less surge a few days ago was indeed not strong.
The last glance before bed, I spotted the problem. XAG tries to go up each time but falls short, with clear resistance above and insufficient buying support. At that time, I judged this was more like a bull trap, not suitable for chasing, but rather looking for shorts to cash in 👀
So I opened a short near 75.78, and now the price has come to 57.71, with a return of +2216.62% ✅🔥
It was really grinding earlier, but once it played out, it was really satisfying.
Understand it and execute, don't hesitate at the last moment.
When making money, the most feared thing is suddenly getting carried away.
Handling this trade is simple: first close 80% 💰, and move the remaining 20% to cost price for protection 🛑.
If it continues to drop, let the profits run; if it bounces back, don't stubbornly hold.
If you missed it, don't chase ⚠️. Good positions are waited for, not chased.
Wait for the next clear signal; there will be opportunities later 🔔
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