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This drop really made the rhythm clear! 📉🔥
A few days ago before bed, I saw $ESPORTS still holding strong at high levels. On the surface it didn't look weak, but the more I looked, the more hollow it seemed. The rally had no volume, no one was buying the breakout, and it softened as soon as it faced resistance from above. In this kind of market, I didn't want to chase longs; instead, I focused on shorting for a payout.
When the market hadn't fully started yet, ESPORTS was grinding around 0.034. I saw weak support and lackluster bounces, so I suggested treating it as a short setup and not to get carried away by false breakouts 👀📌
Now it dropped from 0.034 to 0.02999, a gain of +232.80%. That was a satisfying profit, and the previous patience was worth it ✅💰
That's the rhythm.
Don't get emotional with profits.
In terms of operations, first close 80%, bag the bulk first 🎯. For the remaining 20%, use cost price protection. If it continues to drop, let the profits run; if it bounces back, don't give back the profits 🛑
If you missed it, don't chase. Chasing leads to a messy mindset ⚠️. Wait for the next clear signal and a more comfortable entry. The market doesn't lack opportunities; it lacks patience 🔔
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