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Not gonna lie, this wave really delivered. 📉👏 Opening the charts this morning, $TAO has already reversed the fake strength from a few days ago. A few days ago in the early morning, I saw the rebound lacked volume and the key resistance above was heavy, so I warned not to be swayed by the pump and that short positions were more worth watching.
Chasing tails gets you beaten.
This trade from 286.4 to 205.8, the rhythm has played out. ✅🔥 Current PnL +1355.28%, not that the market is obedient, but the entry and execution were well-timed. 🎯💰
Position now following the plan. 📌 First close 80%, don't be greedy for the last leg; leave 20% as cost basis protection, let it run if it continues to drop, and don't give back profits if it bounces back. 🛑
Good positions are waited for, not chased.
If you missed it, don't chase. ⚠️ Chasing in will mess up your mindset. Wait for the next clear signal, wait for a pullback confirmation to look for new opportunities. 🔔 The market always has volatility, save your patience for the next shot.
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