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This one smashed down, and the chart just dropped the pretense! 📉🔥 A few days ago before bed, I was watching $GMT , seeing it probe back and forth at highs, looking like it was about to break out, but the volume didn't follow — no one was buying the breakout, the more I looked, the more it looked like a pump-and-dump.
Before the chart fully launched, I noticed GMT's every bounce fell short, with overhead resistance constantly pressing down and insufficient support 👀 So I signaled to pivot toward short-term profit-taking on the short side, and not get misled by false rallies.
From around 0.01044, I executed shorts. Now the price has come to 0.00764, with returns hitting +1291.59% — a very satisfying catch ✅💰
That’s the rhythm.
On position management, no attachment — first close 80%, leave 20% with cost basis protection; let profits run if it keeps dumping, but don’t give back profits on a retrace 🎯📌 Don’t get emotional with profits.
Those who missed it — don’t chase. Chasing into a reversal messes with your mindset ⚠️ Wait for the next clear signal, wait for retest confirmation, and only then look at the next entry once a new structure forms 🔔
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