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A few days ago, it was still pretending to be strong, but today it just dropped the answer directly! 📉😎
Opening the market this morning, seeing $XRP this pullback, my first reaction was: the volume-less surge a few days ago was indeed not strong.
Last glance before bed, I spotted the problem. XRP's every upward attempt falls short, with clear resistance above and insufficient buying support. At that time, I judged it was more like a bull trap, not suitable for chasing, but rather looking for the bears to cash in. 👀
So I opened a short position around 1.4143, now the price is at 1.0459, with a return of +2422.05%. ✅🔥
The earlier part was really grinding, but playing out is really satisfying.
Once you understand, execute; don't hesitate at the last moment.
When making money, the worst thing is to suddenly get carried away.
Handling this trade is simple: first close 80% 💰, move the remaining 20% to cost price protection 🛑. If it continues to drop, let the profit run; if it rebounds, don't stubbornly hold.
Those who missed it, don't chase. ⚠️ Good positions come from waiting, not chasing. Wait for the next clear signal; there will be opportunities later. 🔔
$BTC $ETH