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Don't blink too fast, this short wave really gave us face! 🚨📉
Opened the charts this morning, $ALLO has already smashed out the answer to the high-level grinding a few days ago. A few days ago in the early morning it repeatedly tried to push up, what I saw was not just excitement, but that each upward surge was lacking momentum.
At that time, ALLO's rhythm was very clear: the rally had no volume, insufficient buying support, and it fell back as soon as it hit the overhead resistance. While everyone was still waiting and watching, I judged that this was not a continuation of strength, but more like a pullback window after a bull trap. 👀
So I executed a short position around 0.29497, and now the price has come to 0.28607, showing a profit of +73.98%. This was a satisfying trade, the timing was right. 🔥🎉
Take profits when it's time to take profits.
When making money, the worst thing is suddenly getting carried away.
No hesitation in execution: first close 80%, leave the remaining 20% with cost protection, let it run if it continues, and don't let the profit get hurt even if it pulls back. ✅📌
If you missed it, don't chase; chasing is likely to get you burned. ⚠️ Wait for the next signal to move, wait for a more comfortable entry in the next round. 🔔
$BTC $ETH