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That candle just now panicked many people, but I paid more attention to whether it would keep dropping. After $ALLO swept through, it didn't accelerate to break the level; instead, it reversed upward. Something was off here.
Long entry at 0.24131, now price pushed to 0.43367, profit +1956.09%. This wasn't just luck holding through—what really caught my attention was the absorption after the wick. Sell pressure was eaten up, and the market started to recover in the opposite direction.
Most people were driven by fear, seeing the lower wick and thinking it would drop further. But sometimes trading is all about spotting that fake move. Once the liquidity is swept by the big players, the direction becomes clearer. After the volatility range opens up, following the trend matters more than guessing the top.
Right now, I'll handle it with a 70/30 split—lock in some profits, keep a protective stop on the remaining position, and continue watching. When you're in profit, stay steady; don't let emotions disrupt the rhythm you've already set.
If you missed it, no need to rush. Don't chase. Wait for the next opportunity.
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