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Many people were still shouting that GUA would rebound just now, but the chart directly slapped them in the face with a counter move. $GUA This drop didn’t come out of nowhere; the earlier weakness was already written into the order book.
At the time, I was watching the 1.31292 level. After the price surged up, there was no continuous follow-through; instead, every time it rebounded, it was pressed back down. The real key isn’t how much it fell, but that the rebound is getting weaker and weaker. Those chasing longs start to hesitate, while the short-side rhythm becomes even clearer.
Now the current price is at 0.06363, and the short position profit has already reached +943.74%. The trend extension is obvious. At this point, the profit has been released. For brothers with larger positions, there’s no need to force holding all the way to the very last move—take some profits in batches first, and then keep the rest guarded using the protected level/price.
What I care about more is the rhythm, not the excitement of a single K-line candle. If it stays weak here, then let the profits run on their own; if the rebound is strong, handle it according to the plan. Don’t chase lower prices if you missed it—wait until the next time a confirmation signal comes out before entering.
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