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Honestly, this market is really messing with people. 🚨📉
A few days ago in the afternoon, $HOME was still holding strong up there. Many people saw it not dropping and wanted to chase, but I felt more and more that something was wrong: the rally had no volume, there were no buyers on pullbacks, and it immediately softened as soon as key levels appeared.
While everyone was still waiting and watching, I kept an eye on HOME's rebound strength. Several attempts to push up fell short 👀 These positions are the easiest to lure people in, but the follow-through wasn't there. I warned at that time to think in terms of shorting, and not to be fooled by the superficial strength.
In the end, the market gave the answer: from 0.03713 to 0.017, +3844.93% in the bag. This was a satisfying move 🔥✅ Those on board should be laughing in their sleep. It was a grind upfront, but the outcome was truly sweet 😎
Take profits when it's time to take profits.
When making money, the worst thing is suddenly getting carried away.
Here, cover 80% of the short position first, and protect the remaining 20% at cost 📌 If it continues to drop, let the profits run. If it bounces back, don't linger 🛑 Those who missed it, don't chase. Chasing after the fact can lead to losses. Wait for the next clear signal before acting 🔔
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