Just a few days ago it was pretending to be strong, today it’s completely exposed!🔥📉


Opened the chart this morning, $LUNC this drop was very straightforward. The repeated testing of highs in the afternoon a few days ago now looks like a classic failure to push higher.
I was watching LUNC at the time, saw that the overhead resistance was never broken, each bounce weaker than the last, buying pressure insufficient👀. I warned during the topping process that you shouldn't be fooled by the superficial rally, going short was the smoother play.
Entered around 0.00008276, now the price is at 0.00005896, profit shows +2040.52%✅💰 This move was worth the wait, the short played out nicely.
Once you understand, execute without hesitation at the last moment.
Take profits when you should.
Don't get attached to the position, close 80% first🎯📌. Protect the remaining 20% with cost price, let profits run if it continues down, and don't let a pullback take away the gains🛑
If you missed it, don't chase🚨. Chasing is easy to get burned, wait for a retest confirmation, wait for a clearer entry next round. The market doesn't lack opportunities, it lacks patience🔔
$BTC $ETH
LUNC-0.70%
BTC-0.27%
ETH0.76%
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