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Honestly speaking, this market is really messing with people. 🚨📉
A few days ago in the afternoon, $EDGEX was still oscillating at highs, looking like it was about to break out, but every time it went up it fell short, volume didn't follow, support was weak. This kind of fake strength easily gets people hooked.
While everyone was waiting and watching, what I looked at was not whether it would go up, but whether the overhead resistance had been eaten through 👀 The result was obvious: resistance was still there, the rebound was weak, funds did not follow, so the entry point was to watch near 0.3128 and execute a short.
Now the price has come to 0.28, with a return of +504.98%. This profit was taken cleanly 🔥🎉 Not every wave requires rushing to the front, but if you understand it, you must dare to execute.
Some money is not earned by impulse.
When it's time to take profits, take them.
On the position side, 80% has already been closed ✅💰 The remaining 20% is protected by a cost price stop, letting it run further down, and if it rebounds, it won't make the profit uncomfortable 📌
If you missed it, don't chase the tail ⚠️ The good entry points are waited for, not chased. Wait for the next signal before moving 🔔
$BTC $ETH