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This one drop made all the hesitation over the past few days worth it! 🔥📉 During the intraday topping process, $DOT it looked like it still wanted to edge up, but I had no intention of chasing; instead, I focused on short covering.
When the market hadn't fully started yet, DOT's several bounces couldn't hold steady. The overhead resistance was clear, buying was not active, and volume couldn't keep up. 👀 I judged that this position had a strong bull trap smell, so I opened a short near 1.264.
Now the price has hit 0.845, with a return of +2352.08%. This move was handled smoothly. 🎯💰 It's not about rushing in every time; the key is not to get the direction wrong.
Some money is not made by impulse.
Chasing tail is easy to get beaten.
Don't be greedy with position size; first close 80% ✅, and protect the remaining 20% at cost. 🔹 Take the bulk of profits first; if it continues to drop later, let the profits run; don't let a rebound disrupt the rhythm.
If you missed it, don't chase. ⚠️ Wait for the next clear signal and confirmation of a pullback. Don't panic just because it dropped; the next shot will have a more comfortable entry. 📢
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