Honestly, this chart is really messing with people! 🔥📉 A few days ago, in the early morning $FOGO , it was still oscillating at highs. Many people get itchy when they see it not dropping, but the more I looked at it, the more I felt it was weak. The breakout had no volume, and no one was buying when it went up.



When the market hadn't fully started yet, I was watching FOGO's several bounces 👀. Each time it surged, it got pushed back. The buying wasn't strong, and the resistance above hadn't loosened. In this position, I didn't want to chase longs; instead, it was more suitable to wait for the shorts to materialize.

So I opened a short position around 0.01091 as planned. Now the price has come to 0.00908, with a return of +807.78%. This profit feels good 🎯💰

Not afraid of it grinding, but afraid of you panicking first.

Once you understand, execute. Don't hesitate at the last moment.

Position management is simple: first close 80% ✅, keep the remaining 20% as cost protection 🛑. If it continues to drop, let the profit run. Don't be greedy for the last bit, don't turn good profits into pain.

If you missed it, don't chase 🚨. Chasing after a move easily messes with your mindset. Wait for the next clear signal, wait for a retest confirmation before acting 🔔

$BTC $ETH
FOGO-0.55%
BTC2.61%
ETH2.42%
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