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A few days ago it looked like it was playing dead, but today it directly gave results. 🔥📉
Opened the chart this morning, $NIL this drop was quite decisive. That stubborn high-level hold from a few days ago finally revealed the direction.
Before the chart had fully started moving, I noticed a detail: the rebound got weaker and weaker, with overhead resistance persisting all along. When NIL surged up without sustained buying pressure 👀 and reached around 0.06699, the fake bullish signal was already very strong, so I chose to short, not to chase that kind of artificial pump.
Now looking at 0.03538, return rate +2272.38% 📌🎉 It feels great when the timing is right. It's painful when it grinds, but the payoff is truly satisfying.
When making money, the worst thing is suddenly getting carried away.
Good positions are waited for, not chased.
For the position, first close 80% ✅💰, leave 20% for cost protection. If it continues down, let it run. If it bounces back, don't give back the profits 🛑
If you missed it, don't chase ⚠️ Especially in the latter half of this kind of decline, chasing the tail is easy to get hit. Wait for a clearer position in the next round, wait for the next shot 🔔
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