Don't rush to cheer, but this wave of shorts really nailed it! 📉🎯


A few days ago in the afternoon, $MBOX was still swinging at highs. Many thought that if it consolidates, it would continue to surge. My view at the time was the opposite: volume didn't follow, the bounce was weak, and once selling pressure from above appeared, it softened.
While everyone was still waiting, I saw MBOX try to break out several times but couldn't hold, with clearly insufficient support 👀. This kind of price action isn't strength; it's exhausting bullish chasing sentiment. So around 0.010935, I followed my plan and opened a short.
Take profits when it's time to take profits.
Now the price has hit 0.001278, +4252.96% has been realized. The ride was satisfying 🔥💰. Waited long before, but once the direction emerged, the rhythm was clean.
Don't be greedy on position. First close 80%, put the bulk in the pocket ✅🛑. For the remaining 20%, use cost protection. If it continues to drop, let it run. If it bounces back, don't stubbornly hold on.
If you missed it, don't chase. When making money, the worst is to suddenly get carried away ⚠️ Wait for a retrace confirmation and a clearer signal in the next round. Opportunities will come again 🔔
$BTC $ETH
MBOX-8.71%
BTC-1.63%
ETH-1.48%
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