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This one came out, and the chart directly dropped the act! 📉🔥
I laughed when I opened the chart this morning. $SIREN A few days ago, before bed, it was still stubbornly holding at a high level. Many people saw it didn't drop and wanted to jump in, but what I was watching was that the overhead resistance hadn't loosened, and volume wasn't keeping up.
When the chart hadn't fully started yet, SIREN was always one step short every time it tried to go up. No one was buying at the top, and the bounce looked increasingly weak. 👀 So at that time, I shorted around 0.50789 as planned. It wasn't a gamble; I only acted after seeing that support was lacking.
Now the price has come to 0.0356, with a return of +2280.29%. This short position was very satisfying to exit. 🎯💰 The grinding earlier was annoying, but once it played out, it was really rewarding.
This is the rhythm.
Don't get emotional with your profits.
In terms of position, first close 80%, put the bulk in the pocket. ✅📌 The remaining 20% is for cost basis protection. If it continues to drop, let the profits run. If it bounces back, don't give back the profits.
If you missed it, don't chase. ⚠️ Chasing can mess up your mindset. Wait for the next clear signal, wait for a pullback confirmation, and then act at a more comfortable position in the next round. 🔔
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