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This drop totally shattered my sleepiness! 📉🔥
A few days ago, before bed, I was staring at $PENGU . On the surface, it was still hovering at a high level, but the more I looked, the weaker it felt: the rally had no volume, it softened at the slightest touch above, and no one was buying the breakout. What this kind of chart fears most is fake excitement.
Before the chart had fully moved, I saw that PENGU's rebound strength was getting weaker and the support wasn't solid enough. So I followed the bearish approach and executed a short near 0.00845. 👀
When I opened the chart in the morning, the price had already reached 0.006181, and this wave gave a yield of +1905.30%. The timing was really satisfying! 🎯💰
This is timing.
Don't be greedy with position sizing. First close 80%, pocket the bulk; move the remaining 20% to cost price protection. If it continues to drop, let the profits run; if it bounces back, don't give back the profits. ✅📌
Don't get attached to profits.
If you missed it, don't chase. Chasing leads to a disordered mindset. ⚠️
Wait for a retrace confirmation, wait for the next clear signal, act only when a new structure emerges. The market doesn't lack opportunities; it lacks patience. 🔔
$BTC $ETH