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Not to mention, this smash is really satisfying! 🔥📉
During the session when it was grinding higher, $CHIP seemed to want to push up again, but the more I looked, the more I felt it was fake. The overhead resistance has been persistent, volume hasn't kept up, several pullbacks didn't hold, this kind of rally is easiest to mislead impatient people.
When the market hadn't fully started yet, I saw that CHIP's support was clearly not strong 👀 near the price of 0.05416, what I advised at that time was to open short, don't chase that kind of volume-less upward push, wait for it to reveal itself.
Now it has come to 0.03045, the return rate is +2108.24%, feels good ✅🎯 This short trade was taken without haste, the timing was just right.
Once you understand, execute, don't hesitate at the last moment.
When it's time to eat the meat, don't pretend to be calm.
Position management follows discipline, first close 80% 💰🔹, the remaining 20% protected by cost price, if it continues to drop afterwards, let the profits run, and if it rebounds, don't be greedy.
Don't chase if you missed it ⚠️ Chasing the tail will get you hit, wait for a retest confirmation, wait for the next clearer opportunity 📢
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