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The price movement has begun to validate my previous judgment. $POWER this time is not a simple pump-and-dump; instead, it is slowly squeezing out of the resistance zone, with bears reacting noticeably weaker.
At that time, I was watching whether the price could hold around 0.08986. After it held, I continued to look for longs to cash out. Now at 0.11294, the return is +507.19%. Although the process wasn't particularly smooth, the direction provided feedback.
My trading habit is to stabilize the rhythm after taking profits, rather than infinitely magnifying expectations because of a single bullish candle. Stop-loss levels still need to be watched; profits cannot be entirely left to emotions.
This trade is more like a trend-following trade after structural confirmation. Getting the direction right is just the first step; whether you can hold onto the profits is the key point of the review.
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