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Don't mention it, this wave of shorts really gave face! 🔥📉 In the morning when I opened the charts, $ADA directly fulfilled all that hesitation from a few days ago. It looked like consolidation earlier, but it was actually wearing down the long chasers.
A few nights ago when I looked at ADA before bed, the most obvious thing was the weak rebound 👀 The overhead resistance was persistent, volume wasn't keeping up, and there was no one buying the upside. I followed the idea of resistance at highs at that time, reminding not to chase longs, and wait for the shorts to strike.
From 0.2395 down to 0.1617, I nailed the rhythm of this move, profit +2304.94% 🎯💰 The wait wasn't in vain, the shorts enjoyed this meaty bite very comfortably.
Once you understand, execute. Don't hesitate at the critical moment.
Good positions come from waiting, not from chasing.
The position actions are also clear: first close 80% ✅, protect the remaining 20% at cost. If it continues to drop, let the profits run. If it bounces back, don't give back the profits 📌
If you missed it, don't chase ⚠️ Chasing from behind often leads to getting hit. Wait for the next signal, wait for a more comfortable position to look for opportunities 📢
$BTC $ETH