The market turned on a dime, showing no mercy at all! 🚨📉 A few days ago in the afternoon, $SKYAI was still hovering at highs, looking tough on the surface, but in reality, every upward push was beaten back, with insufficient support.



While everyone was still watching, I saw SKYAI's volume not keeping up, and the bounce getting weaker. The resistance above couldn't be broken for a long time—this kind of position is the easiest to trap those chasing trades into a rhythm. At that point, I advised not to chase that move, but to go short and watch for bears to cash out. 👀📌

Take profits when it's time. The entry level was at 0.31623, now down to 0.19101, with current gains of +971.08%. This move wasn't impulsive; it was waiting for it to reveal its weakness. 🎯🔥👏

In terms of handling, first close 80%—take the bulk off the table. ✅💰 The remaining 20% is cost-protected; let the profit run if it continues to drop, but don't get greedy if it bounces back. 🛑

If you missed it, don't chase—chasing can mess with your mindset. ⚠ The worst time is when you're making money and suddenly get carried away. Wait for the next clear signal, wait for a retracement confirmation, then look for the next play. 🔔

$BTC $ETH
SKYAI-49.47%
BTC-0.50%
ETH-0.50%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments