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Honestly, the market really knows how to mess with you! 🔥📉
A few days ago in the early morning, $PENGU was still hovering up and down, looking like it would continue to surge, but the more I looked, the more I felt something was off: a volume-less rally, no buyers on the pullback, and resistance above hasn't loosened at all.
Before going to bed, I took one last look at PENGU's rhythm. Each bounce was weaker than the last 👀 My judgment then was simple: buying pressure wasn't following, insufficient support, too much risk in chasing long positions, and shorts were easier to profit from.
I'm not afraid of the grinding, just afraid you'll panic first.
Entered a short around 0.008848, now it's hit 0.006176. This move's return is +2142.78% 🎉💰 The market gave its answer decisively—grinding at first, then a feast later. The rhythm was well timed.
The handling was also straightforward: first close 80% ✅, protect the remaining 20% with cost price protection. Don't get sentimental with profits 📌. If it keeps dropping, let the profits run; if it bounces back, don't give back what you've already secured.
If you haven't gotten in, don't rush to chase ⚠️. Chasing after a move is easy to get burned. Wait for the next clear signal, wait for a pullback confirmation. There will be more opportunities.
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