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Don't say, today's drop was quite clean!🚨📉 A few days ago in the afternoon, $IP was still hovering at a high level. Many people saw it holding and wanted to chase, but I was more vigilant instead: the upward move had no volume, the resistance was not broken, and the rebound weakened as soon as it reached the top.
While everyone was still waiting, I saw that IP went up without anyone picking it up, and after pulling back, it immediately fell back. 👀 This kind of market doesn't need to be overcomplicated. The buying side is not strong, so the short-side opportunity becomes clearer. Therefore, I executed a short near 0.3454.
This wave went from the entry price to the current price of 0.3289, with a profit of +230.05% ✅🔥 Everything that should be given has been given. Hitting the rhythm feels good.
Chasing after a move usually gets you beaten.
Don't get emotional with profits.
Close 80% of the position first, put the bulk into the pocket 🎯💰 Leave the remaining 20% with cost price protection. If it continues to drop, let the profits run; if it bounces back, don't force it.
If you missed it, don't chase ⚠️ Wait for the next clear signal, wait for a retracement confirmation before looking again. Only when a new structure emerges will there be a more comfortable entry point 🔔
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