Honestly, this round of shorting has been pretty satisfying to cash out! 🚨📉


A few days ago in the afternoon, $NIL was still grinding back and forth above. Many people saw it as about to break out, but I felt instead that the more it pulled up, the less conviction it had. The volume couldn't keep up, and it would soften as soon as it faced resistance above.
While everyone was still waiting and watching, I noticed that NIL's bounce was clearly weak. Several upward pushes had no takers, and the smell of a bull trap was getting stronger. 👀
At that time, the idea was simple: don't chase trades, wait for a level where it can't push further and open a short. Entry reference was around 0.07011. 🎯
Now the price has hit 0.03519, return rate +2398.62%. It was really grinding earlier, but once it played out, it was really satisfying. 🔥💰
Take profits when it's time to take profits.
Don't get emotional with your profits.
I'll first close 80% and move the remaining 20% to cost price protection. ✅📌
If it continues to drop, let the profits run. If it bounces back, don't let the profits become painful. 🛑
If you missed it, don't chase. Chasing tails is easy to get hit. ⚠️ Wait for a pullback confirmation, and look again when the next signal appears. 🔔
$BTC $ETH
NIL4.09%
BTC2.32%
ETH2.10%
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