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To be honest, this market really messes with people. 🚨📉 A few days ago in the afternoon $POPCAT was still pretending to be strong at a high level. Many people saw the bounce and wanted to jump in, but what I saw was that no one was buying at the top, the rebound was weak, and once the volume dropped off, trouble was bound to happen.
While everyone was still waiting and watching, I was focusing on the details of POPCAT. Several upward attempts were just short of the mark 👀 resistance was not broken, and buying pressure wasn't strong enough. At that level, I was leaning more towards being bearish, so I opened a short position around 0.04515.
Now the price has come to 0.04085, with a return of +458.64%. This profit feels satisfying ✅🔥 It wasn't made by chasing — it came from waiting for it to show weakness and then executing.
Some money isn't made by acting on impulse.
Don't get sentimental with your profits.
For the exit strategy, take the bulk off the table first: close 80% 💰 and protect the remaining 20% at cost 📌 If it continues to drop, let the profits run; if it bounces back, don't hold on stubbornly.
If you missed it, don't chase ⚠️ Chasing from behind often leads to getting burnt. Wait for the next signal, and then enter at a more comfortable level 🎯
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