This drop directly knocked all sleepiness away!📉🔥


A few days ago before bed I was staring at $BASED . On the surface it was still wobbling at highs, but the more I looked, the weaker it seemed: no volume on the rise, soft when hitting resistance, no takers on the way up. This kind of market condition fears fake hype the most.
Before the market had fully kicked off, I saw BASED's rebound momentum getting weaker and support not firm enough. I handled it with a bearish mindset and executed a short around 0.06842.👀
When I opened the market in the morning, the price had already reached 0.06522. This wave gave a yield of +222.41%. The timing was really satisfying!🎯💰
This is the rhythm.
No greed on position size. First close 80% and pocket the bulk. Move the remaining 20% to cost protection. If it continues to drop, let the profit run. If it bounces back, don't give back the profit.✅📌
Don't get emotional with profits.
If you missed it, don't chase. Chasing easily messes up your mindset.⚠️ Wait for a retest confirmation, wait for the next clear signal, move when a new structure appears. The market doesn't lack opportunities; it lacks patience.🔔
$BTC $ETH
BASED-0.30%
BTC2.06%
ETH3.24%
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