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This move is really a bit ridiculous! 📉🔥 A few days ago in the afternoon it was still pretending to be strong at high levels, and today it just directly gave the result downward. For a bounce like $BSB with no volume and nobody taking the bid up there, I really don’t want to chase longs.
Back then, around 0.50943, what I was seeing was resistance at high levels, rebound with little strength, and the trap-forcing (bull trap) vibe got heavier and heavier 👀 Once it pressed down above and loosened below, the chart had already been signaling it—only many people were still waiting for it to keep pushing higher.
If you chase the rear end, you’re likely to get hit.
Take profits when it’s time.
Now the price is at 0.13537, and the short position profit is already showing +1448.9%. This one has been pretty comfortable to handle ✅🎉 I’m not saying you have to catch it every time with a perfectly beautiful move—what matters is the direction is right, and don’t mess up the rhythm.
Here I’ll first close 80%📌💰 with the main chunk taking profit. The remaining 20% will be moved to the entry price for protection. If it keeps selling off further, let it run. If there’s a rebound up, profits shouldn’t just be given back for free.
If you didn’t catch it, don’t force a chase ⚠️ Wait for the next time the structure forms. Wait for the next round of clearer positions to look again—opportunities are always there. Don’t let your mindset get chased out of shape 🔔
$BTC $ETH