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A few days ago it was still pretending to hold up, but today it's directly exposed!🔥📉
Opening the chart this morning, $AWE this pullback is not surprising at all. A few days ago in the afternoon, it was struggling to rise. No one was buying as it went up, and it went soft as soon as it touched the resistance level.
While the price was grinding higher during the session, I was watching the details of AWE. I saw a volume-less pump, insufficient buying support, and the rebound didn't continue 👀 My thinking at the time was simple: don't chase that fake strength. When it couldn't push up anymore, I went short at around 0.07159.
Now the price has hit 0.05299, with a return of +637.10% 🎯💰 The rhythm is under control. This kind of short profit-taking is satisfying.
Some money is not earned by impulse.
When it's time to feast, don't pretend to be calm.
In terms of execution, first close 80% ✅ Take the bulk profits first, and set a cost price protection for the remaining 20% 📌 If it continues to drop, let the profits run, and don't give the chance to give back gains on a pullback.
If you missed it, don't chase ⚠️ The market doesn't lack opportunities; it lacks patience. Wait for the next structure to become clear before looking again.
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