A few days ago it was still acting tough, but today it directly threw out the answer! 🔥📉


During the session grinding higher, I kept my eyes on $VELVET , not to watch how lively the rise was, but to see if there were any takers. The result is obvious: the rebound is weak, the buying support is insufficient, and every time it pushes up it gets pressed back. At this level, I prefer to follow the bearish rhythm.
When VELVET gave an opportunity around 1.595, I immediately suggested going short. The core is simple: resistance not broken, buying not strong, the smell of a bull trap is heavy. Now it has hit 0.50734, with a profit showing +676.33%. Nailing the rhythm feels great ✅💰🎯
Take profits when it’s time.
When making money, the worst thing is suddenly getting carried away.
For this move, close 80% first, and leave the remaining 20% with cost price protection 📌🔔. If it continues to drop, let the profits run; if it bounces back, don’t give back the profits. Discipline is more important than emotions.
If you missed it, don’t chase ⚠️. Chasing tail is easy to get hurt. Wait for the next clear signal, wait for a new structure to form; there will be opportunities later.
$BTC $ETH
VELVET-69.34%
BTC2.43%
ETH5.44%
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