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Woke up laughing! That fake pull at the high, today finally got knocked back to reality by the bears 📉😎
During the intraday grinding top, $MON seemed to want to push higher, but the details I observed were clear: volume-less rally, weak rebound, and it collapsed under any pressure from above. While everyone was still waiting, I judged that chasing longs here was uncomfortable, and instead should watch for the opportunity to open longs and take profits.
Later, MON gave a position around 0.02670. After entering, I held patiently. Now the price is at 0.02314, with a return rate of +643.9%. This wave wasn't wasted; the bears delivered beautifully 🔥💰🎯
When making money, the worst thing is suddenly getting carried away. Take profits when it's time. So I won't linger in the trade. First close 80% ✅, and protect the remaining 20% with a cost price stop 📌🛑. Let profits run if it keeps dropping, but don't stubbornly hold if it rebounds.
If you missed it, don't chase ⚠️, chasing tails easily gets you beaten. Wait for a more comfortable position in the next round, and fire when the signal is clear 📢
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