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This round of downturn truly rewarded those with patience! 📉🔥 A few days ago in the early morning, $LAB was still repeatedly testing the high, and many people started fantasizing about a continued rally when they saw no drop, but what I observed was insufficient buying support—the higher it went, the weaker it got.
Before going to bed, my last glance at the LAB chart showed a clear pattern: a volume-less rebound, heavy resistance above, and every pullback was rejected. 👀📌 So I didn't chase longs at that time, but instead waited for confirmation of a bearish move and executed a short as planned.
Don't get emotionally attached to profits.
Now the price has moved from 13.92727 to 9.08008, with a gain of +684.77%. This big profit was worth the wait. 🎯💰🎉 The market was truly grinding before, but when it broke out, it delivered.
For the exit strategy, first close 80%—take profits when they're yours. Keep the remaining 20% with a cost-price protection. ✅🛑📢 Let the profits run if the downtrend continues, but if there's a bounce, don't let profits turn into key positions.
Don't get greedy when you're making money. ⚠️ 🔹 If you missed it, don't chase—chasing can mess with your mindset. Wait for the next clear signal, wait for a more comfortable entry in the next round.
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