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Honestly, this market really knows how to mess with people. 🚨📉
A few days ago in the afternoon $RAVE was still grinding at highs, many people saw it not dropping and wanted to rush in. I, on the other hand, became more cautious the more I looked, with clear resistance above and each rebound weaker than the last.
While everyone was still watching, I saw that RAVE was missing that last push on each rally, the volume wasn't following, and support wasn't solid 👀. So I judged this was more like a bull trap, not a continuation of strength, and suggested going short around 0.4954.
Turns out the market gave the answer — current price at 0.2787, profit +1072.64% 🎯🔥. This ride was satisfying; it was a grind at first, but the outcome was really sweet.
Take profits when you should.
Don't get emotional about profits.
For this round, I'll first close 80% ✅💰, move the remaining 20% to cost basis protection — if it keeps dumping, I'll keep watching; even if it bounces back, I won't let the profit turn sour.
If you missed it, don't chase the tail ⚠️. Good entries are waited for, not chased. Wait for the next signal before acting 📢
$BTC $ETH