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Say, this wave of shorts really gave us face! 📉🔥
A few days ago before bed $BIO was still rubbing back and forth above, looked like it would continue to rally, but the more I looked, the more something felt off. No one was buying the dips, the bounces were getting weaker, but the resistance was always there.
While everyone was still waiting and watching, I saw that every time BIO tried to push up, it fell short 👀 the volume wasn't there, support wasn't enough, it smelled heavily of a bull trap. So I didn't chase longs at that time, but waited for it to weaken and then executed a short.
Now from 0.02848 to 0.02813, profit +87.19%, this trade went down smoothly 🎉💰 The direction was right, the rest is just execution.
This is the rhythm.
Don't get emotional with profits.
In terms of handling, first close 80%, put the bulk in the pocket ✅🎯 leave 20% with cost protection. If it continues to drop, let the profit run; if it bounces back, don't stubbornly hold on 🛑
If you missed it, don't chase ⚠️ Chasing leads to emotional chaos. Wait for a more comfortable entry in the next round, and only fire the next shot when the signal appears 📢
$BTC $ETH