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A few days ago, it still looked like it was pretending to be strong, but today it directly laid its cards on the table! 🔥📉 During the session, it was grinding higher, $CHZ it looked like it was going to continue pushing up, but what I noticed at the time was not the rise, but the fact that it retraced as soon as it encountered resistance above.
Before the market fully launched, CHZ had several bounces without continuity, and the volume didn't support it either. When it went up, no one took it. With this kind of structure, I wouldn't chase longs. 👀 At that time, following the idea of resistance at highs, I chose to open a short.
Now from 0.03576 to 0.01863, +2306.89% has been realized. Hitting the right rhythm feels good. 🎯🎉
Some money is not made through impulse.
When it's time to take profits, take profits.
Position management is also very clear: first close 80% of the short position ✅, protect the remaining 20% with cost price 📌, let it run if it continues, and don't give back profits on a pullback.
If you missed it, don't chase it hard. ⚠️ The market doesn't lack opportunities; it lacks patience. Wait for the next shot, wait for a new structure to emerge and then see. 🔔
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