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This sudden drop in the market has exposed the fake strength from a few days ago! 🚨📉
Looking at the market this morning, $SIREN has already shown the pressure at the top. The pattern from a few days ago - a quick pump followed by weakness - was actually very obvious.
While everyone was still waiting, I was watching SIREN's bounce strength and noticed that each upward move lacked follow-through, volume wasn't cooperating, and no one was buying the upticks. Around 0.50789, I immediately signaled to go short, advising not to be led astray by small pumps. 👀
Not afraid of it grinding, just afraid of you panicking first.
Now from 0.50789 to 0.03493, profit captured at +2283.53%. This was a satisfying trade; timing the rhythm right makes all the difference. 🔥✅💰
On the position side, lock in the bulk first - close 80%, and move the remaining 20% to cost basis protection. 📌🎯 Let it run if it continues down; don't let a pullback make profits uncomfortable.
When you're making money, the worst thing is to suddenly get carried away. ⚠️ If you missed it, don't chase - tailgating gets you beaten. Wait for a retest confirmation and look for the next setup. 🔔
$BTC $ETH