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A few days ago it looked like it was about to surge, but today it completely wiped out the bulls! 🔥📉
When I opened the market this morning, $PENGU had already dropped from the high, and those grinding false strengths from a few days ago are now very clear.
When the price was rubbing around the high during the session, I saw that PENGU was not breaking out but lacking support. 👀 The volume didn't follow, and the rebounds became weaker and weaker. The upper resistance was never absorbed, so I opened a short around 0.008848.
Now the price has come to 0.006216, with a return rate of +2105.08% 🎯💰 Short selling pays off so directly. Previously, I wasn't afraid of it grinding, but afraid that you would panic first.
Some money is not earned by impulsiveness.
Don't get attached to the position. First close 80% ✅ and protect the remaining 20% at cost. 📌 If it continues to drop, let the profit run. If it pulls back, don't give back the rhythm you've already grasped.
If you missed it, don't chase. ⚠️ When making money, the most dangerous thing is suddenly losing your head. Wait for the next clear signal, wait for a new structure to form before moving. 🔔
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