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Don't even say it, this batch of shorts really showed respect. 🚨📉 Before the market had fully kicked off, $GALA it looked like it still wanted to push higher, but the more I looked, the more I felt it was fake: no one buying in on the way up, volume not cooperating, and it just goes limp as soon as it hits resistance.
A few days ago when I was watching GALA in the afternoon, what I saw was lackluster bounce, not strong continuation. Especially since multiple attempts to break higher failed to hold, with obvious insufficient absorption. So at that time, I reminded not to chase buys, wait until it can't push anymore and then look to short. 👀📌
When it's time to eat, don't act calm.
Now the price has moved from 0.003451 to 0.002294, with a return of +2378.89%. This batch of shorts paid off smoothly. 🔥💰🎉 Wait patiently on the front end, and you get comfortable entries on the back end.
For position management, first close 80% — don't be greedy for the last bite. ✅🎯 Leave the remaining 20% as cost basis protection. If it continues to drop, let the profit run; if it bounces back, don't let profit turn into a key loss.
Chasing the tail easily gets you slapped. ⚠️ If you missed it, don't chase. Wait for the next clear signal, and for a more comfortable entry in the next round to strike. 🔔
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