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Don't blink too fast, this short trade was too clean! 🚨📉
When I opened the screen this morning, $FOLKS had already broken through the fake strength from a few days ago in the afternoon. A few days ago, it did rally in the afternoon, but there was no sustained buying after the rally, and it softened as soon as selling pressure came.
While everyone was still watching, I was looking at the details: the selling pressure above FOLKS hadn't eased, the rebound had no strength, and volume didn't support it. At that time, I judged that chasing longs would be uncomfortable; waiting for it to stop running up made the short side much clearer 👀
Entry was around 2.561, now the price is at 1.87, +1299.38% secured, this trade went smoothly 🔥🎉
When it's time to eat, don't pretend to be calm.
Position management is not fancy: first close 80% 📌, the remaining 20% protected at cost. If it keeps going down, let profits run; if it bounces back, don't break the rhythm ✅
Good entries are waited for, not chased. If you missed it, don't chase ⚠️ Wait for a retest to confirm, and look again when the next signal is clear 🎯
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