Not gonna lie, this drop really delivers!📉🎉 A few nights ago before bed, $KITE was still stuck in a high-level sideways shuffle, unable to rise and not willing to drop significantly. Many were annoyed, but I actually felt that an opportunity was about to emerge: there was resistance above, and buying volume had not followed up.


While everyone was still waiting, I noticed KITE fell back several times only to be pushed back down, and the rebound momentum was getting weaker👀 At such a position, the worst thing is to be led by a false breakout, so I directly went short at around 0.21584 following a bearish mindset.
Now the current price has come to 0.1059, with a return of +2452.96%. This profit is very satisfying✅💰 When the rhythm is right, the market naturally gives feedback.
Good positions come from waiting, not chasing.
Don't get emotional with profits.
Position actions are already arranged: first close 80% 🎯, keep the remaining 20% as cost basis protection. If it continues to drop, just let it go; if it pulls back, don't let the profit turn into a key level🛑
If you missed it, don't chase⚠️ Chasing the tail easily disrupts your mindset. Wait for the next clear signal, wait for a more comfortable position to look again, and jump on the next opportunity🔔
$BTC $ETH
KITE0.26%
BTC1.16%
ETH4.31%
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