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Seriously, this chart is really giving people a hard time. 🚨📉
A few days ago in the afternoon $TAC was still slowly grinding at a high level. Many people thought it looked like it would continue to charge, but I saw only two words: weak.
While everyone was still watching, I saw that TAC's upward move didn't have sustained buying pressure. Volume couldn't keep up, and as soon as the rally touched the upper level, it went soft 👀. This isn't strength; it's insufficient demand.
My suggested approach at the time was simple: don't chase longs. Wait for it to fail to push higher, and opening shorts is more cost-effective.
Entry was around 0.057793, now at 0.041506, resulting in a gain of +278.99% ✅🔥. Those on board should understand—this kind of realization feel is great.
Not afraid of grinding, but afraid of you panicking first.
Take profits when you should.
Position management isn't complicated: first close 80% 🎯, move the remaining 20% to cost price protection, and if it continues to go down, let the profit run on its own. Don't be greedy for the last bite 💰.
If you missed it, don't chase ⚠️. Chasing can get you hit. Wait for the next clear signal and look for a more comfortable entry 📌.
$BTC $ETH