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To be honest, this chart is really playing with people’s minds. 🚨📉 A few days ago in the afternoon, $AWE was still holding up tough up there. Many people saw it wasn’t dropping and wanted to jump in, but the more I looked, the more cautious I became: low-volume rally, obvious resistance above, every attempt to push up came up short.
While everyone was still waiting, I noticed that the buying pressure on AWE wasn’t resolute. No one was picking it up above, and the rebound had no follow-through. So at that time, I advised treating it with a bearish approach and executed a short near 0.07159 👀📌
Now the result is clear: 0.05327 has played out, with a return of +627.51%. When you time it right, it feels great! 🔥✅ Those on board must be laughing in their sleep.
Don’t fear the grind; fear getting panicked first.
Take profits when you should.
Here I choose to close 80% first, and keep the remaining 20% as cost protection 🎯🛑 If it keeps dropping, let the profits run; if it bounces back, don’t ruin the good rhythm you’ve got.
If you missed it, don’t chase. Chasing leads to getting burned ⚠️ Wait for the next, more comfortable setup, and strike only when the signal is clear. 🔔
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