A few days ago it was still pretending to be strong, but today it was directly pressed down by shorts! 🚨📉

A few days ago, before going to bed, I looked at $CHZ . It was hovering at a high level without moving. Many people thought it was building momentum to continue upward, but what I saw was not strength, but weakness. The volume couldn't keep up, and once selling pressure appeared from above, it softened. The rebound lacked sustainability. This kind of chart is more suitable for waiting for it to show its own flaws.
While everyone was still watching, I saw CHZ near 0.03373. The upward push was clearly struggling, and support wasn't strong enough 👀. So at that time, following the idea of high-level resistance, I executed a short position, not following the false breakout.
Now it has hit 0.01771, with a profit of +2287.25%. This wave of short positions was realized very cleanly 🔥✅💰
Some money is not earned by impulsiveness.
In terms of handling, first take profits, close 80%, leave 20% with cost price protection 📌🛑. If it continues to drop later, let the profits run. If it bounces back, don't stubbornly hold on.
Take profits when you should. ⚠️
If you missed it, don't chase. Chasing can easily mess up your mindset. The market doesn't lack opportunities. Wait for the next clear signal to look again 🔔
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