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After this candle came down, the market stopped pretending!🔥📉
The last look before bed a few days ago, $ARB was still grinding at the high, unable to rise, not wanting to drop, but what I cared most about was the resistance above and the quality of the bounce.
Before the market fully started, ARB repeatedly tried to break through around 0.1085, but each time it fell short - volume couldn't keep up and support was weak.👀
My judgment at the time was straightforward: don't chase longs at this level, just short and wait for the payoff.
Some money isn't made by impulse.
Now the price has hit 0.07768, profit +1629.76%. This short wave gave the answer, and the timing felt perfect.✅🎯💰
Don't get carried away with position size. First cover 80%, protect the remaining 20% with a cost-price stop.📌🛑
If it continues to drop, let the profits run; if it bounces back, don't turn a good trade into a key level.
Take profits when it's time.⚠️
If you missed it, don't chase. Chasing can mess up your mindset. Wait for a retracement confirmation, wait for a more comfortable entry in the next round.🔔
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