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When this one comes crashing down, the chart stops pretending! 📉🔥 Opening the chart this morning and seeing $CHZ , the stubbornness of holding high from a few days ago is gone, and the bearish rhythm is very clear.
A few days ago, when I was watching CHZ in the early hours, I saw it bounce up without sustained buying pressure and the volume couldn't keep up. The upper resistance collapsed the moment it was touched 👀 – I judged that this was not a strong continuation, but more like a window for a pullback after failing to break higher. So I shorted around 0.047 as planned.
Now the price is at 0.01755, with a profit rate of +3017.55%. This move feels great ✅💰 The grind before was really annoying, but the payoff is real.
This is the rhythm.
Don't fall in love with profits.
In terms of execution, first pocket the bulk of the profits – close 80% 🎯. Keep the remaining 20% as cost protection. If it continues to drop, let the profits run. If it bounces back, don't give back the profits 📌.
If you missed it, don't chase ⚠. Chasing easily messes up your mindset. Wait for the next clear signal, for the next shot after a confirmed retracement. The market never lacks opportunities; it lacks patience 🔔.
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