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Many people were still waiting for a bounce to go long, but then $EDEN plunged directly. This contrast is the most real aspect of the market.
Short from 0.05794 to 0.04285, +512.12% already in hand. The price movement released more decisively than expected.
Before the signal appeared, I was watching the upper key level repeatedly tested and failed. Every time the price surged higher, it was pushed back, indicating that the initiative was not in the hands of the bulls.
Most people hesitated at the time because there had been a fake bounce earlier, but what truly caught my attention was that the bounce heights were getting lower.
This was already off. Especially after breaking below a minor key level without a quick recovery, it showed that the bears were starting to take control of the rhythm.
Now if you have profits, don't be too greedy. Handle 80% first, and set a protective stop for the remaining 20%. If it can extend, follow; if not, lock in the gains.
The worst thing in trading is to be right but unwilling to take profits. If you missed this move, don't rush to chase. Don't chase trades. Wait for the next opportunity, for a more comfortable entry.
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