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A few days ago in the afternoon, the bearish smell couldn't be hidden anymore. 📉🚨🔥 $AGLD On the AGLD side, it repeatedly tried to push higher, but each time it was pressed back. As soon as selling pressure appeared above, the market immediately softened. I knew then that it wasn't strength, but weakness.
While everyone was still waiting and watching, I was focused on the volume-less rally and lack of support 👀 The market topped out for a long time during the session, with prices looking lively but actual buying orders unable to hold. The bearish view couldn't stop this high-level loosening rhythm either.
This is the rhythm.
When it's time to eat, don't pretend to be calm.
Chasing the tail is easy to get hit. 🎯
So I opened a short position near 0.2005, later it went to 0.1722, +679.73% — this bit of meat was quite satisfying ✅📈 First close 80%, the remaining 20% cost-protected, continue to hold if it goes further down, and don't give back profits if it bounces back.
If you missed it, don't chase. Wait for a retracement confirmation, wait for the next more comfortable position ⚠️ There will be more opportunities later, don't rush into the volatility 🔔
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