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This one smashed down, and the chart directly stopped pretending! 📉🔥
A few days ago before bed, I saw $BIO still grinding at a high level. On the surface, it seemed like it wanted to continue rising, but actually every time it went up, no one was buying, and volume wasn't keeping up. That feeling of barely holding on was too obvious.
Before the chart had fully started, I was watching the rebound strength of BIO. Seeing that the resistance above was persistent and the buying support was weak, I judged that this wave was more suitable for waiting for shorts to cash out, rather than chasing the sentiment. 👀 At that time, the tip was to go short, don't be fooled by the fake breakout.
Now from 0.02848 to 0.02813, profit +87.19%, this profit feels satisfying. 🎯💰 It was really grinding at first, but the outcome is truly sweet.
This is the rhythm. Don't be afraid of it grinding, just be afraid of you panicking first. In operation, first close 80% ✅, keep the remaining 20% for cost protection, move the stop-loss closer to cost 🛑. If it continues to drop, let the profit run; if it bounces back, don't give back the profit gained. If you missed it, don't chase ⚠️. Chasing can easily mess up your mindset. Wait for the next clear signal, wait for a retest confirmation before looking at the next move 🔔
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