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A few days ago, it was pretending to be strong, but today it's been exposed! 🔥📉 Opening the charts this morning, $DOGE this drop was quite straightforward. That kind of repeated testing at highs in the afternoon a few days ago now looks like a classic failure to break upward.
I was watching DOGE at the time, and saw that the resistance above was never taken out. Each bounce looked weaker than the last, and buying pressure wasn't strong enough 👀. During the topping grind in the session, I warned not to be fooled by the surface-level pump—going short was the smoother move.
Entry around 0.10199, now the price is at 0.07561, and the return shows +2402.57% ✅💰. This wait was worth it—the short paid off nicely.
Once you understand it, execute. Don't hesitate at the last moment.
Take profits when they're there.
No need to be greedy with the position—first close 80% 🎯📌. The remaining 20% is protected by cost basis. If it keeps dropping, let the profits run; if it rebounds, don't let it take away the gains 🛑.
If you missed it, don't chase 🚨. Chasing will get you burned. Wait for a retest confirmation, wait for a clearer setup in the next round. The market doesn't lack opportunities—it lacks patience 🔔.
$BTC $ETH