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I just opened the chart and I had to laugh, this bearish wave really doesn't hold back! 🚨📉 A few days ago in the afternoon, $SCRT was still faking strength at the high, and many people saw it not dropping and wanted to chase. I instead focused on just two details: volume wasn't following, and the rebound had no strength.
While everyone was still waiting and watching, I stared at every upward push of SCRT, and found each one fell short. As soon as the resistance above appeared, the chart immediately softened. 👀 So my direction at the time was very clear: don't chase, wait for it to lose momentum and then go short, with the entry reference at 0.0557.
Now the price has hit 0.0507, with a return of +220.12%. That was a clean bite of profit! 🔥🎉
When it's time to eat, don't pretend to stay calm.
Operationally, first close +220.12%, take the profit off the table; leave the remaining 20% as cost basis protection, let it run further down, but don't hold firm if it bounces back up. ✅🛑
When you're making money, the worst thing is suddenly getting carried away.
If you missed it, don't chase. Chasing from behind is easy to get hit. ⚠️ Wait for the next clear signal and enter at a more comfortable position later. 📢
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