As soon as this came out, the market showed its hand! 🚀📉


A few days ago in the afternoon, $LUNC was still grinding at a high level, not able to rise nor drop decisively. Many people were tempted to act, but at the time I saw it simply: no one was buying the breakout and volume wasn't following.
While everyone was still hesitating, I noticed that each bounce of LUNC was very strained 👀. There was clear resistance above and weak support. This kind of fake strength easily misleads people, so I didn't chase longs but waited for short opportunities.
Opened short near 0.00008118, now it's hit 0.0000604, profit +1816.27% 🎯✅. This was a clean catch. First, the grinding, then the answer.
Good positions are waited for, not chased.
Chasing tails leads to getting beaten.
First close 80% of the position 💰, take the bulk profit first, then move the remaining 20% to cost price protection 📌. Let the profits run if it continues to drop, but don't get emotional with the profits even if it bounces back 🛑.
Those who missed it, don't chase ⚠️. Wait for the next clear signal, wait for a retest confirmation, and act when the next more comfortable position appears 🔔.
$BTC $ETH
LUNC-3.62%
BTC-0.36%
ETH-0.64%
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