Not to mention, this wave of shorts really gave face! 📉😎 A few days ago in the early morning, $PENGU was still swinging at high levels. Many people hesitated when they saw it wasn't dropping, but I instead felt this kind of market is the most dangerous: the rally lacks volume, support is insufficient, and resistance above still exists.


When the market was grinding the top, I saw that every time PENGU tried to go up, it was pressed back 👀 It wasn't that it didn't move, but the moves were weak. So at that time, the thinking was very clear: don't chase fake strength, and execute a short near 0.008448.
This is the rhythm.
Don't get emotional with profits.
Now the price has reached 0.006176, with a profit of +1908.27%. The short position has been closed beautifully ✅🔥 Take the meat first, don't wait until emotions take over and regret it 💰
My approach is to first close 80%, put the bulk in the pocket 🎯 The remaining 20% is protected at cost price. If it continues to drop, let the profit run. If it bounces back, don't let the profit become uncomfortable 🛑
If you missed it, don't chase it ⚠️ The market doesn't lack opportunities, it lacks patience. Wait for the next clear signal, wait for the next shot 🔔
$BTC $ETH
PENGU-0.81%
BTC-1.32%
ETH-0.90%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned