A few days ago it was pretending to be strong, but today it was directly pressed down by the shorts! 🚨📉


A few days ago before bed I looked at $CHZ , it was hovering sideways at a high. Many people thought it was gathering strength to continue upward, but what I saw was not strength, but weakness. Volume couldn't keep up; as soon as selling pressure appeared above, it softened. The rebound had no sustainability. This kind of chart pattern is better for waiting for it to reveal its own flaw.
While everyone was still waiting and watching, I saw CHZ around 0.03373, the upward momentum was clearly struggling, and support wasn't strong enough 👀. So at that time, I followed the high-level resistance thinking and executed a short, not chasing the fake breakout.
Now it has dropped to 0.01787, profit +2264.40%. This short trade was executed very cleanly 🔥✅💰
Some money is not earned by impulse.
For handling, first take profits, close 80%, leave 20% with cost price protection 📌🛑. If it continues to drop later, let the profits run; if it bounces back, don't hold stubbornly.
Take profits when it's time to take profits. ⚠️
If you missed it, don't chase. Chasing can easily mess up your mindset. The market doesn't lack opportunities. Wait for the next clear signal to look again 🔔
$BTC $ETH
CHZ-8.21%
BTC-1.55%
ETH-0.46%
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