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Honestly, this chart really knows how to mess with people. 🚨📉
A few days ago in the afternoon, $DOT was still holding up there. Many people saw it not dropping and wanted to jump in, but I felt something was off.
The rebound was weak, support was insufficient, and the higher it went, the more it looked like a bull trap.
While everyone was still watching, I saw DOT getting pushed back every time it tried to rally 👀. Buying was not proactive, and as soon as sell pressure appeared, it weakened. So I suggested taking a short-sell approach at that time, not following the fake strength, with the entry around 1.265.
Then when I opened the chart this morning, the price had already hit 0.836, with a profit rate of +2406.31%. This was a satisfying gain 🎉💰. The timing was spot on, and staying up late was worth it.
Take profits when you should.
When you're making money, the worst thing is to suddenly get carried away.
Here I'll close 80% first 📌 and keep the remaining 20% as cost price protection. If it continues to drop later, let the profit run on its own. If it bounces back, don't linger ✅
If you missed it, don't chase. Chasing is easy to get burned ⚠️. Wait for the next signal to move, wait for a clearer structure. There will be more opportunities later 🔔
$BTC $ETH