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This drop directly knocked all the sleep out of me!📉🔥
A few days before bed, I was staring at $CGPT . On the surface it was still swinging at high levels, but the more I looked, the weaker it felt: the rally had no volume, it softened as soon as it touched the top, and no one was catching the upward moves. What you fear most in this kind of chart is fake excitement.
Before the chart had fully triggered, I saw that CGPT's rebound momentum was getting weaker and the support wasn't strong enough. At that time, I acted on a bearish bias and opened a short position around 0.03778.👀
Then in the morning when I opened the chart, the price had already reached 0.01903. This wave gave a return of +2390.05%. The timing was really satisfying!🎯💰
This is the rhythm.
In terms of position, don't be greedy. First close 80%, putting the bulk into your pocket; move the remaining 20% to cost protection, let profits run if it continues to drop, and don't give back the profits if it retraces.✅📌
Don't get sentimental with profits.
If you missed it, don't chase. Chasing will easily mess up your mindset.⚠️ Wait for a pullback confirmation, wait for the next clear signal. Move when a new structure emerges. The market doesn't lack opportunities; it lacks patience.🔔
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