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A few days ago, it was still pretending to be strong, but today it was directly beaten back to its original form! 📉😎
During intraday grinding higher, $PEPE looked like it was about to break out, but upon closer inspection, it was all fake: volume-less pump, insufficient support, the top goes soft on contact.
The last look before bed, I was still watching PEPE, price stuck at a high level oscillating back and forth 👀 but each upward push came up a bit short. I don't like chasing long in this kind of market, I prefer to wait for it to show signs of weakness and then open a short.
Looking back now, from 0.000003521 to 0.000002476, the short position was cashed out, profit +2105.89% 💰🎉 It was really grinding earlier, but once it played out, it was really satisfying.
Some money isn't made by acting on impulse.
When you're making money, the most dangerous thing is suddenly getting emotional.
Don't hesitate in execution, first close 80% ✅ move the remaining 20% to cost basis protection 📌 if it continues to dump, continue to hold, even if it reverses back, don't let the profit become uncomfortable.
If you missed it, don't chase 🛑 chasing is easy to mess up your mindset, wait for a retracement confirmation, wait for the next clear signal, the market doesn't lack opportunities, it lacks patience 🔔
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