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Don't rush to call a reversal; this drop is the real answer! 📉🚨
During the session grinding higher, $VIRTUAL looks like it's still holding up, but it's not as strong as it seems.
A few days ago in the early morning, I was watching VIRTUAL, seeing it rise on low volume, with weak rebounds, each push up was pushed back 👀 I judged this to be more like a top area bull trap, not a healthy uptrend, so I chose to go short around 0.8145, not chasing that fake rally.
Now the price has come to 0.5356, with a short position return of +2429.64% 🔥🎯 This wave was handled quite well. Once the direction opens up, the previous waiting was worth it.
When it's time to feast, don't pretend to be calm.
Don't get emotional with profits.
Position management is straightforward: first close 80% ✅💰, keep the remaining 20% with cost protection, let profits run if it continues to drop, control the drawdown if it rebounds, and don't be greedy for the last bite.
If you missed it, don't chase ⚠️ chasing will easily mess up your mentality, wait for the next clear signal, wait for a pullback confirmation before moving, the market always has the next shot 🔔
$BTC $ETH