Nice! Held up at the top for a while, but in the end the bears had the final say 🚨📉


A few days ago before bed, $CYS was still grinding up there, couldn't rise and wasn't willing to drop either. Many people can easily be fooled by this fake strength, but what I see is insufficient support, weak bounce, and lack of volume coordination.

Before opening the market in the morning, I was watching the reaction at key levels of CYS 👀
Every upward push was suppressed, indicating that selling pressure above is still present and bids cannot absorb it. So I executed a long entry near 0.5173, not rushing, not impatient, waiting for it to reveal itself.

Now the price is at 0.3124, profit +783.71%. Those on board must be enjoying this nice gain 🎯💰
This is the rhythm. Chasing tail leads to getting slapped.

In terms of handling, don't be greedy for the last bite. First close 80% ✅📌, leave the remaining 20% cost-protected, let the profit run as it continues to drop, and if it bounces back, the rhythm is protected.

If you missed it, don't chase ⚠️ Chasing in can mess up your mindset. Wait for the next clear signal, wait for a retest confirmation. There will be more comfortable entries later 🔔

$BTC $ETH
CYS9.10%
BTC2.26%
ETH1.51%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned