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I have to say, this drop is really satisfying! 🔥📉 When the price was grinding higher during the session, $STORJ it looked like it wanted to push up, but the more I look at it, the more fake it seems. There has been overhead resistance all along, the volume didn't keep up, and it failed to hold after several pullbacks. This kind of rally is most likely to mislead impatient people.
When the market hadn't fully started yet, I saw that STORJ's support was obviously not strong 👀 and when the price reached around 0.10424, I suggested opening a short position at that time. Don't chase that kind of upward move without volume, wait for it to reveal itself.
Now it's come to 0.07356, with a yield of +1417.38%, feeling good ✅🎯 This short trade is taken without hurry or impatience, the timing is just right.
Once you understand, execute. Don't hesitate at the last minute.
When it's time to eat meat, don't pretend to be calm.
Follow the discipline for position management: first close 80% 💰🔹 , the remaining 20% is protected at cost price. If it continues to drop later, let the profits run; if it bounces back, don't linger.
If you missed it, don't chase ⚠️ Chasing the tail is easy to get hit. Wait for a pullback confirmation, wait for a clearer opportunity in the next round 📢
$BTC $ETH