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This wave of dumping is really satisfying! 🔥📉 A few days ago in the afternoon, $DOGE was still pretending to be strong at a high level. Many people saw it not dropping and wanted to rush in, but I became more cautious the more I looked, because it lacked volume on the way up, the buying pressure couldn't hold, and it went soft as soon as it touched the resistance level.
While everyone was still waiting and watching, I noticed that DOGE's rhythm had changed: each rebound was weaker than the last, no one was buying at the top, and the fakeout was getting stronger. At that time, I suggested opening a short position, don't chase that kind of fake pump 👀
Looking back now, from 0.10262 to 0.07545, the return rate has already reached +2460.29%. It was really grinding earlier, but once it played out, it was truly satisfying ✅🎉
Execute once you understand, don't hesitate at the last moment.
Take profits when you should.
In terms of handling, first close 80% 💰, protect the remaining 20% at cost price. If it continues to drop, give it room. If it bounces back, don't stubbornly hold on against profit retracement 🛑📌
If you missed it, don't chase ⚠️ Good positions are waited for, not chased. Wait for the next clear signal, wait for the structure to give another opportunity 🔔
$BTC $ETH