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Honestly, this market is really messing with people. 🚨📉
A few days ago in the afternoon, $PEPE was still holding up there. Many people saw that it wasn't dropping and wanted to chase, but the more I looked, the more I felt it was weak: volume-less pump, obvious resistance above, and no buyers when it tried to break out.
While everyone was still on the sidelines, I was watching PEPE's bounce strength. I noticed that every time it tried to rally, it got pushed back. There was no continuity in buying pressure. In such a position, I didn't want to bet on strength. I directly went with the bearish rhythm and executed around 0.000003521 when the opportunity came. 👀🔔
The market then gave its answer. The current price is 0.000002346, with a return of +2369.88%. This short trade was executed cleanly, and being in the right rhythm feels great. 🎯🔥💰
Take profits when you should.
Don't get emotional about profits.
In terms of operations, first close 80% of the position. Don't be greedy for the last bit. ✅👉 Leave the remaining 20% with a stop at cost price. If it continues downward, let it run. If it pulls back, the profit won't turn painful.
If you haven't entered, don't chase. Chasing high often leads to losses. ⚠️ Wait for a more comfortable entry in the next round, and move only when the signal is clear.
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