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Say no more, this wave of shorts is really cooperative! 📉🔥
A few days ago before bed $RE was still rubbing up and down above, looking like it would continue to surge, but the more I looked, the more I felt something was off. No one was catching the pullback, the bounces got lighter, but the resistance was always there.
While everyone was still waiting, I saw that RE was struggling every time it tried to go up 👀 volume wasn't following, absorption was insufficient, it smelled strongly of a bull trap, so at that time I didn't chase longs, but waited for it to weaken and then executed a short.
Now from 0.72753 to 0.64989, profit +210.12%, this bite was really smooth 🎉💰 The direction was right, all that's left is execution.
This is the rhythm.
Don't have feelings for profits.
In terms of handling, first close 80%, put the majority into the pocket ✅🎯 Keep the remaining 20% as cost price protection. If it continues to drop, let the profits run. If it bounces back, don't stubbornly hold 🛑
If you missed it, don't chase ⚠️ Chasing tends to mess up your mindset, wait for a more comfortable position in the next round, and take the next shot when the signal appears 📢
$BTC $ETH