Honestly, this chart really knows how to mess with people. 🚨📉

A few days ago in the afternoon, it was still rubbing back and forth up there. $KITE It looked like it would continue to pump, but the more you looked, the weaker it seemed. The pump had no volume, no one was buying the breakout, and it immediately softened after the drop.
While everyone was still waiting, I saw that KITE's rhythm was already off. 👀 Each bounce was more difficult than the last, the resistance above wasn't broken, and there was no support to follow. So at that time, I suggested looking at it from a bearish perspective and shorting without hesitation.
The entry was around 0.20923, and now it hit 0.10686, with a return of +2356.22%. This wave was well-timed. ✅🔥 It wasn't due to impulse, but waiting for it to reveal its own weakness.
Some money isn't made by impulse.
Take profits when you should.
Regarding position, I will first close 80%. 🎯💰 The remaining 20% will have cost price protection. If it continues to drop, let it run. If it rebounds, I won't stubbornly hold. Secure the profits first.
Those who missed it, don't chase the tail. ⚠️ Good positions are waited for, not chased. Wait for the next clear signal, and see when a new structure appears.
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