Don't rush to call a reversal, the market has already shown its hand! 🚨📉


When I opened the chart this morning, $AVAX the stubborn support from a few days ago finally couldn't hold up. It was painful to watch earlier, but the breakdown came quickly.
When I looked at AVAX in the early hours a few days ago, the key wasn't how much it went up, but whether there were buyers joining the rally. The result was clear: the rebound was weak, volume wasn't following, and resistance crumbled at the first touch. So I went short as planned 👀📌
Entry price was 9.392, now the price is at 6.412, with a yield of +2251.35%, this was a satisfying trade ✅🔥
When it's time to feast, don't act calm.
Don't get sentimental about profits.
I'm not greedy here, first close 80% 💰 and move the remaining 20% to cost protection. Let it run if it continues to drop, and if it bounces back, don't let the profit become uncomfortable 🛑
If you missed it, don't chase ⚠️ Chasing from behind is easy to get hit. Wait for the next signal before moving, and take the next shot at a more comfortable position 🎯
$BTC $ETH
AVAX1.67%
BTC-0.35%
ETH-0.42%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned