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Honestly, this market really knows how to mess with people. 🔥📉
A few days ago in the afternoon, $NEAR was still oscillating back and forth up there. Many people saw it couldn't fall and wanted to go long, but I became more cautious: the rebound was weak, no one was buying on the way up, and the resistance level gave way easily.
While the market was grinding at the top, I saw NEAR's rally lacked sustainability and volume didn't support it 👀. The judgment then was simple: this wasn't strength, it was weakness; so I suggested considering a short position around the 2.1626 level.
Now from 2.1626 to 1.956, the return is already +677.86%. Getting the timing right makes all the difference 😎🎯. This short play paid off—worth the wait and the endurance.
Take profits when you should.
When you're making money, the scariest thing is suddenly getting greedy.
For the position, I'll first close 80% 💰✅. Put the bulk in the pocket first, protect the remaining 20% at cost. If it continues down, let the profit run; if it retraces, we won't let the profit become uncomfortable.
If you missed it, don't chase ⚠️. Chasing often leads to getting hit. Wait for the next clear signal, look for a more comfortable entry. No rush for the next shot 🔔
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