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Honestly, this chart really knows how to mess with people. 🔥📉 A few days ago in the afternoon, $EDGEX was still grinding sideways at a high level. Many people wanted to chase it when they saw it wasn't dropping, but I felt the vibe was getting more and more off.
While everyone was still on the sidelines, I was watching the support after EDGEX's upward surge 👀 Every time it pushed up, it fell just short, with no volume to back it up. The overhead resistance was obvious. This kind of rebound looks lively, but it's actually easy to collapse with one sell-off.
Chasing highs gets you punished.
Take profits when you should.
Back then, according to plan, I opened a short near 0.3128, and now it's at 0.2918, giving a gain of +323.31%. This short position feels great to ride 🎯💰 The longer it grinds, the more satisfying the payoff.
Now I'm not being greedy. First close 80% ✅ Move the remaining 20% to a cost-protection stop 📌 If it keeps dropping, let it run. If it bounces back, don't get emotional with the profits 🛑
If you missed it, don't force a chase ⚠️ Chasing at this level will most likely throw off your rhythm. Wait for a retrace confirmation, wait for the next clear signal, then look for a more stable entry 🔔
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