A few days ago, it was still putting up a tough front, but today it just showed its hand! 📉😎

Opening the chart this morning, $ACT has already broken through that fake strength from a few days ago. It's really satisfying to watch.
A few days ago, when I was monitoring ACT in the early morning, the most obvious thing was that no one was buying when it went up. It would pump a bit and then weaken, with no continuation in the rebound. Once selling pressure came near the resistance level, the chart would immediately soften. 👀 At that time, I suggested not to chase longs, but to short and wait for it to show its true colors.
Entered around 0.01124 and now at 0.00974, with a profit of +329.43%. This was a satisfying trade. 🎯💰
Some money isn't made through impulse.
Don't get emotional with profits.
Position management is not complicated. First close 80% ✅, then protect the remaining 20% with cost price protection. If it continues to drop, let the profits run. If it bounces back, don't stubbornly hold on. 🔹
If you missed it, don't chase. The more you chase, the easier it is to get confused. ⚠️ Wait for the next more comfortable position. Move when a new structure appears. We'll look for the next opportunity. 📢
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