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Honestly, this market really knows how to mess with people. 🚨📉
A few days ago, before bed, I saw $PENGU still consolidating up there. Many people thought not dropping was a sign of strength, but I became more cautious the more I looked. The market pulls up weakly, every upward push lacks momentum, volume hasn't followed, and support isn't solid enough.
When the market hadn't fully started yet, I was watching PENGU's rebound strength. Seeing that the overhead resistance wasn't broken, I judged it was more like a high-level bull trap. At that time, the idea was simple: don't chase longs, wait for the bears to strike, and open a short near 0.008848. 👀📌
Now the price has come to 0.006004, +2280.71% has been realized. This was a satisfying move. 💰🎉
Not afraid of it grinding, but afraid of you panicking first.
Take profits when you should.
Close 80% of the position here, and protect the remaining 20% at cost. ✅🛑 If it continues to drop, let the profits run, and if it bounces back, don't fight the emotion rigidly.
If you missed it, don't chase. Chasing is easy to get hit. ⚠️ Wait for a retest confirmation, wait for the next signal before acting. There will be more opportunities later. 🔔
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