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A few days ago it was still holding on stubbornly, today it got knocked back to square one! 📉🚨
A few days ago before sleep $DOGE it was still grinding sideways at a high level, the chart looked not weak, but the details were actually very hollow, no volume on the breakout, no one buying as it went up, the bounce got more and more lifeless.
Before the chart had fully kicked off, I was watching DOGE's upward moves, each time it fell just short, each time it got pushed back. In this position with insufficient support, I prefer to wait for the bears to cash in, rather than chasing the momentum 👀📌
After the opportunity presented itself around 0.11192, I went short as planned. Now the price has come to 0.07009, with a return rate of +3474.31%. Those on board should know the feeling ✅🔥💰
Good positions are earned by waiting, not by chasing.
Here I'm covering 80% first, taking the bulk off the table. The remaining 20% is protected by cost price. If it continues to drop, let the profits run. If it bounces back, don't let the gains become uncomfortable 🎯🛑
Chasing the tail end — easy to get hit.
If you missed it, don't chase. Chasing the tail end easily messes up your mindset ⚠️ Wait for a retest confirmation, wait for the next clear signal, and look when the next opportunity arises 🔔
$BTC $ETH