Don't pretend anymore, the market has finally shown its hand! 🚨📉


When I opened the chart this morning, $KITE had directly cashed out the high-level grinding that happened a few days ago in the afternoon. A few days ago, each time it tried to push up, it fell short, and the volume didn't follow. I felt at that time it wasn't strong—it was fake.
While everyone was still waiting, I watched KITE's rebound strength and noticed that as soon as it hit resistance above, it fell back—bids couldn't hold it, and the trap-luring vibe was getting stronger. That's when I suggested going short, not chasing a pump with no support 👀📌
Now look: from 0.19676 down to 0.10543, a gain of +2235.34% is already in the bag. This short trade was perfectly timed—the grind was real, but the payoff is also real 🔥🎯
Take profits when it's time.
Don't get emotionally attached to profits.
Position management is simple: first close 80% ✅, keep the remaining 20% protected by cost basis—let it ride if it continues down, and don't stubbornly hold if the bounce is strong 🛑
If you missed it, don't chase. Chasing the tail will get you burned ⚠️ Wait for the next, more comfortable setup, and only move when there's a clear signal. Opportunities aren't grabbed—they come when ready.
$BTC $ETH
KITE1.34%
BTC2.66%
ETH6.03%
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