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This one came out, the bears finally aren't pretending anymore!📢📉 Opened the charts in the morning and saw $FET . The sluggish high-level structure from a few days ago was directly broken through. It looked strong on the surface, but the details were all fake: volume didn't keep up, absorption wasn't firm, and the resistance above was always there.
A few days ago in the early morning, I noticed that FET was pushed back every time it tried to move up 👀. Buy orders couldn't hold, selling pressure came out and it weakened. Chasing a rally at this level would easily get you punished by a reversal, so I advised at the time to follow a short bias — opening a short was clearer.
Entry around 0.2446, price now moved to 0.1748, return +2024.81%. This is a satisfying gain🔥🎯✅
Don't get emotional about profits.
Take profits when you should.
Handle the position step by step: first close 80% 💰👉, protect the remaining 20% at cost. If it continues dropping, let it run; if it bounces back, don't let the profits you've already taken turn into a key level that gets given back🛑
Those who missed it, don't force a chase⚠️. Good positions come from waiting, not from chasing. Wait for the next clear signal, wait for a retracement confirmation, then fire the next shot🔔
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