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This one smash down, and the chart doesn't even pretend anymore! 📉🔥 A few days ago, before going to bed, I was watching $ATOM , seeing it repeatedly rub against the highs, superficially looking like it wanted to push up again, but every time it went up, no one was buying, and volume wasn't following. The more I watched, the more it looked like a bull trap.
Before the chart fully started to move, I noticed ATOM's resistance above kept suppressing it, and the strength of each bounce was getting weaker and weaker. So at that time, I took a bearish approach and executed a short near 2.219. 👀🎯
Now the price has come to 1.52, and this wave's return rate is +2235.14%. The timing was spot on. The grinding before was painful, but after breaking through, it feels great. ✅💰
This is the rhythm.
Don't be afraid of the grinding; be afraid if you panic first.
For position sizing, I'm closing 80% of my position first, pocketing the bulk, and leaving the remaining 20% as cost-level protection. 📌🛑 If it continues to drop, let the profits run. If it bounces back, don't let the profits slip away.
If you missed it, don't chase. Chasing will mess up your mindset. ⚠️ Wait for the next clear signal, wait for a retest confirmation, and look again when a new structure emerges. The market doesn't lack opportunities; it lacks patience. 🔔
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