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To be honest, this wave of dumping has maxed out the sentiment! 🔥📉
A few days ago before bed, I saw $EDGEX still grinding at a high level, unable to go up nor down decisively, but I actually prefer to watch such a market. Because the rebound is weak, support is insufficient, and there is clear resistance above. The longer it grinds, the more it seems like waiting for a breakdown move.
During the intraday top-grinding, EDGEX reached around 0.3128. I noticed that there was no sustained buying on the upward push, and once selling pressure came out, it softened. So at that time, I suggested opening a short position according to the rhythm see 👀
Some money is not earned by impulse.
Now the price has hit 0.2593, with a yield of +823.67%. The short position was realized very cleanly ✅💰
When it's time to eat meat, don't pretend to be calm.
This is the rhythm.
Don't be greedy on position. First close 80% 📌, and keep the remaining 20% as cost protection 🛑. Let the profit run if it continues down, but don't give back the profit if it bounces back.
If you missed it, don't chase 🚨, chasing tails easily messes up your mindset. Wait for the next clear signal, wait for a pullback confirmation. There will be opportunities later 🎯
$BTC $ETH