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A few days ago it was still holding up, but today it's been knocked back to its original form! 📉🚨 A few days ago before bed $ARB it was still grinding sideways at a high level. The chart didn't look weak, but the details were feeble—no volume on the upswing, no one buying at the top, the rebound getting weaker and weaker.
When the chart hadn't fully started yet, I watched ARB's upward moves. Every time it was close but got pushed back. In such a position with insufficient support, I prefer to wait for the shorts to cash in rather than chase the sentiment 👀📌
After the opportunity was given around 0.1085, I opened a short as planned. Now the price has come to 0.07468, with a return of +1788.41%. Those on board should understand this feeling ✅🔥💰
Good positions are waited for, not chased.
Here I'll first close 80%, take the bulk profit, and protect the remaining 20% at cost. If it continues to fall, let the profits run. If it bounces back, don't let the gains become painful 🎯🛑
Chasing tails gets you beaten.
If you missed it, don't chase. Chasing tails messes up your mindset ⚠️ Wait for a retest confirmation, wait for the next clear signal, and then look at the next opportunity when it appears 🔔
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