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What caught my attention this time is that the rebound didn’t build much momentum. The price started to fall back as soon as it got near the key level area, and the weakness was obvious to see.
In this $DOGE trade record, the opening price was 0.08575. After that, I watched it steadily down to 0.07454. Even though there were a few minor pullbacks in between, the direction wasn’t broken, and the return on investment was +1215.23%.
In my review, what’s most crucial about this kind of drop isn’t that it falls quickly, but that every time it rebounds, it doesn’t give enough room. After the market feedback came through, my position mindset became even clearer.
Realizing a short doesn’t mean you can relax. Controlling drawdowns and protecting profits is just as important. Let’s record the process together if you followed along; if you didn’t, there’s no need to regret it—keep observing the changes going forward.
$BTC $ETH