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Just now when I looked at $LUNC, my first reaction was: this position is weak.
After entering the short from 0.00008156, it wasn't immediately comfortable, but the repeated failure to break higher already shows the problem. Many people are watching the rebound hoping, but I'm watching the speed of the decline after the rebound.
Now the current price is at 0.00006136, +1758.22% already realized.
This wave of decline is actually quite typical. On the surface, it's still tugging, but the internal rhythm has already changed. When sentiment is still optimistic, the price starts to go down. This kind of divergence gives the best opportunity for shorts.
Not greedy with positions, 80% already took profit first.
The remaining 20% continues to hold, stop loss set. If it can extend, let it extend; if not, don't give back the profits.
Those who didn't participate, don't rush to add. The position has already formed. Next time, wait for a new resistance level.
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