Still grinding before bed, woke up to deliver homework to the shorts! 📉😎


A few days ago before bed, I was watching $LPT , repeatedly testing the upside but couldn't hold, volume not following, buying pressure not decisive, this kind of price action tends to change its face the longer it drags.
When the price action hadn't fully started yet, I saw LPT's bounces getting weaker and weaker, nobody buying on the way up, as soon as sell pressure appeared near resistance it fell back 👀 At that time I judged this was not a strong continuation, more like weakening at highs, so I suggested shorting.
From 2.239 to now 1.628, profit +1314.18%, this wave was handled comfortably ✅🔥 The grind was real, but the payoff is also real.
Good positions are waited for, not chased.
Chasing tails often gets you beaten.
I'll first close 80% here, pocket the bulk 💰🎯 The remaining 20% protected at cost, if it continues to drop we keep watching, if it bounces back we won't let the profits easily slip back.
If you missed it, don't chase 🚨 Wait for a retest confirmation, wait for the next clear signal before acting, there will be more opportunities later, don't rush to grab the last bite 🔔
$BTC $ETH
LPT2.22%
BTC1.66%
ETH2.46%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned