Don't blink, this wave of short covering is so clean! 🚨🔥 A few days ago before bed $VELVET was still grinding at a high, unable to rise but unwilling to come down. Many people felt uncomfortable watching it, but this kind of grinding actually makes it easier to expose problems.

Before the market had fully started, I was watching the bounce strength of VELVET and found obvious resistance above. Volume wasn't following, and every upward push seemed to be lacking a breath👀 So I chose to follow the short rhythm and opened a short position around 1.66025.
Now it's at 0.53415, with a return of +672.72%. This profit is taken decisively📉💰 When the rhythm is right, you don't have to chase the market every day.
When it's time to take profits, don't pretend to be calm.
Don't be greedy for the last bite.
The position action is simple: first close 80%✅, and protect the remaining 20% at cost🎯 If it continues to drop, let the profit run. If it bounces back, don't give back the profit🛑
If you missed it, don't chase⚠️ Chasing after a move tends to get you hurt. Wait for the next clear signal, and move only after a pullback confirmation📢
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