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I must say, this move today really clarified the market. 📢📉
When I opened the market this morning, $SNDK directly exposed the fake strength from a few days ago. A few days ago it was still grinding upward, but the problem of insufficient support was completely revealed.
When the market hadn't fully started, I saw SNDK's upward movement lacked volume, and the rebound went soft as soon as it reached key levels 👀. At such positions, I don't want to chase long; instead, I prefer to wait for the bears to act, so I executed a short near 2250.9.
Now the price has come to 2090, with a return of +344.24%, comfortable ✅🔥. This wasn't a random guess; earlier we saw resistance, later we waited for it to play out.
Chasing the tail easily leads to getting hit.
Good positions are waited for, not chased.
In terms of operations, first close 80% 💰, take the bulk off the table, and use the remaining 20% for cost protection 📌. If it continues to drop, let the profits run; if it bounces back, don't let the gains turn sour.
Those who missed it, don't chase 🚨. Wait for the next clear signal, wait for a retest confirmation. The market is not short of opportunities, but of patience 🔔
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