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Honestly, this market really knows how to mess with people, but in the end, the bears won! 📉😎
A few days ago in the early morning, $PENGU kept trying to push up repeatedly, looking like it was about to break out, but each wave had no real conviction, volume couldn't keep up, and the resistance was never truly taken out.
The last thing I checked before bed was PENGU, and I noticed the rebounds were getting weaker 👀 The upward moves had no continuation, weak support, and the fakeout signals were getting stronger. So I didn't chase the rally, and instead executed a short near 0.008448.
Now the price has dropped to 0.005946, with a return of +2101.45%. This move cashed out cleanly ✅💰 It's not that the market doesn't give opportunities; it's that opportunities are hidden when others get too excited.
When you're making money, the worst thing is suddenly getting too excited.
Once you understand, just execute. Don't hesitate at the last moment.
In terms of handling, first close 80%, and protect the remaining 20% with cost price 🎯🛑 If it continues to drop, let the profits run; if it bounces back, don't let the profits become uncomfortable.
If you missed it, don't chase 🚨 Chasing tails often leads to getting hit. Wait for a pullback confirmation, wait for a more comfortable entry next time 📌
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