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The fake breakout a few days ago has all been given back today! 🚨📉
Last look before bed at $IRYS, price still grinding up there, looks tough on the surface, but on closer inspection, the rebound is weak, support is insufficient, the longer it pulls, the less conviction there is.
While everyone was still waiting and watching, I stared at IRYS's reaction and found that every time it tried to push up, there was no sustained buying follow-through, and it would fall back as soon as it hit resistance 👀🔹
So I didn't chase the long at that time, but instead reminded to wait for confirmation in the direction of opening long. Now from 0.04802 down to 0.01471, the timing was spot on, profit +1365.41% 🎯💰🔥
Those on board should be feeling good, this meat was not a struggle to eat. Take profits when it's time. Don't get emotional with profits. On my end, I'll first close 80% ✅📌
Move the remaining 20% to cost protection. If it continues to drop later, let it run. If it bounces back, we can't let the profit turn uncomfortable 🛑
Those who missed out, don't chase the tail ⚠️
Chasing in will mess with your mindset. Wait for the next clear signal, wait for a more comfortable position to take the next shot 🔔 $BTC $ETH