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Don't mention it, this smash is really straightforward! 📉🚨
A few days ago before sleep $CLO was still hovering at highs, looking like it would break out, but the more I looked, the weaker it seemed: volume-less rally, insufficient support, and the overhead resistance easily pushed it back down.
While everyone was still waiting, I focused on the details of CLO and found that buying pressure was not sustained, and no one was catching the pullback 👀 I didn't want to chase longs in this market; instead, I waited for a weak bounce and opened a short near 0.14695 as planned.
Now the price has hit 0.12941, with a gain of +574.81%. This profit feels satisfying. By holding back earlier and not moving recklessly, I left room for realization later. 🔥💰🎯
This is the rhythm.
Chasing tails leads to getting hit.
In terms of position, first close 80% ✅ move the remaining 20% to cost protection, take the bulk profit first. If it continues to drop, let the profits run; if it rebounds, don't let the gains become uncomfortable. 📌🛑
Those who missed out, don't chase ⚠️ Wait for the next clear signal, wait for a retest confirmation, move only when a new structure appears; there will be more opportunities later. 🔔
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