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Just a few days ago it was still pretending to be strong, but today this move has made the direction clear!🚨📉
During the session when it was grinding higher, $UB it looked like it would continue to rally, but what I noticed was a volume-less pump, no one buying into the move, and the bounces getting weaker.
While everyone was still watching, I saw UB struggling to hold around 0.21138, getting weak as soon as it faced resistance above. This kind of price action is most likely to lure people into chasing.👀
So I suggested at the time to go short, and not to fight false breakouts.
Chasing the tail leads to getting caught.
Now from 0.21138 to 0.10694, the profit has been realized at +1213.91%. This was a clean catch. Those who held back and didn't move earlier should be feeling good today.🔥✅💰
In terms of operations, first close 80% of the position, and use the remaining 20% as cost price protection.📌🎯
If it keeps dropping, let it run on its own. If it bounces back, don't get sentimental with profits. Rhythm is more important than fantasy.
When it's time to eat, don't pretend to be calm.⚠️ If you missed it, don't chase. Wait for the next clear signal and look again when a new structure emerges.🔔
$BTC $ETH