Let's be honest, today's drop really delivered. 📉🔥 Opening the charts this morning, $AVAX directly cashed in all the hesitation from a few days ago. A few days ago before bed, it was still grinding at highs, and many thought it could still push higher—at the time, I was more focused on whether the support was strong enough.


While everyone was still hesitating, I noticed AVAX getting rejected every time it tried to rally, buying volume wasn't following, and momentum was lacking—it was looking more and more like a bull trap 👀 So back then, I reminded to view it from a bearish lens and not get misled by small bounces.
This trade went from 9.375 to 6.796, currently at +1951.93% profit—this was a really satisfying catch 💰🎯
Chasing tail ends leads to taking hits.
Good entries are waited for, not chased.
In terms of execution, first close 80% ✅ Keep the remaining 20% as cost basis protection 🛑 If it keeps dropping, profits continue to run; if it bounces back, it won't make the pace uncomfortable.
Those who missed the move, don't chase ⚠️ Wait for the next clear signal, wait for a retest confirmation—there will be more opportunities ahead. Don't rush and mess up your mindset 📌
$BTC $ETH
AVAX2.45%
BTC1.46%
ETH4.85%
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