Don't rush to call a reversal, this drop is the real answer! 📉🚨


During the session, when it grinds higher, $ATOM looks like it's still holding up, but inside it's not that strong anymore.
A few days ago in the early morning, I was watching ATOM, saw it rally with no volume, weak bounce, every time it tried to push up it got pushed back 👀 I judged at the time this was more like a high-level bull trap, not a healthy uptrend, so I chose to open a short around 2.083, not chasing that fake run-up.
Now the price has come to 1.554, short position yield +1801.99% 🔥🎯 This wave feels quite comfortable. Once the direction opens up, the waiting beforehand is worth it.
When it's time to eat meat, don't pretend to be calm.
Don't get emotional with profits.
Position management is straightforward: first close 80% ✅💰 the remaining 20% with cost price protection, let profits run if it continues to drop, control profit taking if it bounces back, don't be greedy for the last bite.
If you missed it, don't chase ⚠️ Chasing tends to mess up your mindset, wait for the next clear signal, wait for a retrace confirmation before moving, the market always has the next shot 🔔
$BTC $ETH
BTC2.18%
ETH5.03%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned