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Don't rush, this drop is the real sense of realization! 📉🔥 Opening the chart this morning, $CHZ directly knocked down the annoying high-level structure from before. Those fake breakouts in the afternoon a few days ago looked exciting, but the more you looked, the more fake they seemed.
When the chart hadn't fully started yet, I saw clear resistance above CHZ, no volume on rebounds, and every upward push lacked conviction👀 At that time, I judged there was insufficient support, chasing longs felt uncomfortable, while the short opportunity was clearer, so I opened a short position around 0.03576.
Now the price has reached 0.01821, with a return of +2363.45%. This wave was perfectly timed🎯💰 If you can hold through the tough times, you can reap the rewards later.
Chasing tail ends leads to getting hit.
Good positions are waited for, not chased.
In terms of operations, first close 80% of the position. Don't be greedy for the last bite✅📌 Keep the remaining 20% protected by cost price. If it continues to drop, let the profits run. If it bounces back, don't mess up the rhythm you've already locked in😎
If you missed it, don't chase⚠️ Wait for the next clear signal, wait for a retest confirmation, and look again when a new structure emerges. There will be more opportunities later🔔
$BTC $ETH