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Don't rush to call a reversal; first take profit on the short positions! 📉🔥 When the price was grinding higher during the session, $DOT looked quite resilient, but I kept an eye on volume and buying pressure, and found that the rally lacked follow-through. No one was buying as it went up, and the higher it went, the more it looked like a bull trap.
A few days ago, before bed, I saw DOT repeatedly fall back after pullbacks, indicating that resistance above was still intact. 👀 At that time, I reminded myself not to be fooled by fake pumps, and executed a short near 1.265 following the bearish rhythm. 🎯
Today the price hit 0.806, with a profit of +2574.59%. This move was perfectly timed—well worth the wait. ✅💰📌
I'm not afraid of it grinding; I'm afraid of you panicking first.
When you're making money, the worst thing is suddenly getting greedy.
The plan now is clear: close 80% first, then set a cost-price stop-loss on the remaining 20%. 🛑🔹 Let the profit run if it keeps dropping, but don't get greedy for the last bite on a rebound. 📉
If you missed it, don't chase—chasing the tail gets you whacked. ⚠️ Wait for a new structure to form, and wait for the next clear signal before making a move. 🔔
$BTC $ETH