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Don't blink, this wave of short selling has been cashed in too decisively! 🔥📉
A few days ago before bed $SPK was still grinding above, looking like it didn't want to come down, but what I was more concerned about at the time was: no volume on upward moves, no follow-through from buyers, and prices pulled back as soon as they touched resistance.
When the intraday session hadn't fully weakened yet, I was watching the rebound strength of SPK, and the more I looked, the more it felt insubstantial. Every attempt upward lacked continuation, and support was clearly not strong enough, so I executed a short position around 0.02386. 👀📌
Now the price is at 0.01739, with a profit of +1924.06%. This move gave a very direct answer. ✅💰🎉
Not afraid of it grinding, but afraid of you panicking first.
The position management is simple: first cover 80%, and protect the remaining 20% at cost price. 🎯🔔 If it continues down, let the profits run; if it bounces back up, don't linger. 🛑
If you missed it, don't chase; chasing tail easily gets you hit. ⚠️ Wait for a retracement confirmation, and wait for the next clearer entry point to strike. 📢
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