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Don't even mention it, this drop is really satisfying! 🔥📉 During the intraday grinding high, $PEPE seemed like it wanted to push up, but the more I looked, the more fake it seemed. The upper resistance has been persistent, volume didn't follow, and each pullback failed to hold. This kind of rebound is most likely to mislead those in a hurry.
When the market hadn't fully launched yet, I saw that PEPE's support was clearly not strong 👀. When the price was around 0.000003774, I suggested opening a short position, not chasing that kind of volume-less upward move, and waiting for it to show its true colors.
Now it's at 0.000002541, with a profit rate of +2318.18%, feels great ✅🎯. This short meat was eaten without rush, with just the right rhythm.
If you understand, then execute. Don't hesitate at the last moment.
When it's time to eat meat, don't pretend to be calm.
Follow the discipline for position sizing: first close 80% 💰🔹, protect the remaining 20% at cost. If it continues to drop, let the profits run. If it bounces back, don't linger.
If you missed it, don't chase ⚠️. Chasing is prone to getting hit. Wait for a pullback confirmation, then wait for the next clearer opportunity 📢
$BTC $ETH