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Opening the charts in the morning jolted me awake! 🚨📉 A few days ago in the afternoon, $NIL was still grinding above, looking resilient on the surface, but the actual details were weak: feeble bounces, lack of volume, each pullback felt like it was gasping for air.
Before the market had fully kicked off, I was watching the resistance above NIL. It surged but without sustained buying, and the pullback was sharp. With this structure, I didn't want to chase longs, just wait for it to show a short profit-taking window. 👀📌
So I went short around 0.07288, and now it's hit 0.03393, giving a gain of +2573.75%. Feels good, this profit was worth the wait. 🔥💰✅
Some money isn't made through impulse.
On the position side, I follow discipline: close 80% first, and protect the remaining 20% with cost price. 🎯🔔 Let profit run if it continues, but don't give back the profit if it retraces.
If you missed it, don't chase; chasing often leads to getting hit. ⚠️ Wait for the next more comfortable entry, and check back when a new structure emerges. 📢
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