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This trend is really something! 📉👀🔥 Before the chart had even fully started, I saw $STO repeatedly testing the high. On the surface it looked like it wanted to continue upward, but every time it went up it had no strength, and as soon as sell pressure appeared, it softened.
A few days ago in the afternoon when I was watching STO, my judgment was straightforward: volume-less rally, insufficient absorption, clear overhead resistance. This structure is not strong, it's weak. Understand it and execute, don't hesitate at the last moment 🎯 So I initiated a short position around 0.0519.
After it reached 0.04434, +357.19% has been realized. The process was grinding, but the outcome was really rewarding 😎 I'll close 80% first, and leave 20% with cost-price protection. Don't be greedy, put the majority in your pocket first 💰
Some money is not made by impulse.
When you're making money, the worst thing is suddenly losing your head.
If you missed it, don't force it. Wait for a pullback confirmation, and look for the next opportunity when it appears ⚠️
$BTC $ETH