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This one candle down really broke through the fake strength! 📉😎
A few days ago, the last look before bed, $FOLKS was still grinding at a high level. Many people saw it not falling and wanted to rush in, but at that time I was more focused on the lack of support and insufficient volume.
When the market hadn't fully started yet, FOLKS was pushed back every time it tried to rally above 👀. No one was buying the upside, the rebound lacked sustainability. This feeling was very obvious. The longer it grinded, the more it seemed like it was building power for shorts, so I suggested looking to open a short.
Now from 2.561 to 1.974, the return is +1103.81%. Those on board should all understand how comfortable this profit is 🔥✅💰
Some money is not earned by impulse.
In execution, don't be greedy for the last bit. First close 80%, leave the remaining 20% protected at cost price 🎯🛑. If it continues to drop, let the profits run. If it bounces back, don't mess up the rhythm.
If you missed it, don't chase ⚠️ Good positions are waited for, not chased. Wait for the next clear signal, wait for the next shot 🔔
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