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Don't rush to call a reversal, this wave of shorts has already been realized! 📉😎
During the session grinding higher, $CHZ seemed to want to push up, but that kind of rally was weak, not a clean rise, and it retraced quickly.
When the market hadn't fully started yet, I saw that the resistance above CHZ was persistent, buying pressure wasn't following through, and each rebound was weaker than the last 👀 My judgment at the time was: no one was buying at the highs, making it easier for shorts to produce results, so I opened a short near 0.03373.
Now the price has reached 0.01815, and this move has yielded +2224.43% 🎯💰 The earlier grinding was indeed grinding, but once the direction emerged, it was truly unambiguous.
Take profits when it's time.
When making money, the worst thing is suddenly losing discipline.
Manage the position in rhythm, first close 80% ✅ and set a stop at cost price for the remaining 20% 📌 If it continues to drop, leave some room; if it bounces back, don't give back the profits already taken.
If you missed it, don't chase the order or the low ⚠️ Chasing tails often leads to getting hit; wait for the next signal to emerge before acting, and waiting for a retest confirmation will be more comfortable 🔔
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