The high point that was being pressured up ahead finally gave an answer today. This $FARTCOIN move is not a normal pullback—the key is that after the push up, it didn’t continue; instead, it was continuously pushed back down. The chart is clearly starting to weaken.



I opened a short around 0.17378. At that time, many people still thought it was just a shakeout, and even some were waiting for it to keep running higher. But what really caught my attention was that the rebound momentum kept getting weaker. Each time the price approached a key level, it got smashed back. In plain terms, the rhythm changed. Now it’s already hit 0.14977, and this short has a profit of +980.34%; the move is clearly extending.

At this kind of level, you can’t just focus on the result—the process matters more. In a selloff, it’s easiest to get scared out by a dead-cat bounce, so I’ll trail the protection level. Once the profit is already in hand, you can’t just casually give it back. For positions with heavier sizing, you can take profit in batches.

If you miss it, don’t force the chase—especially don’t short after a sharp selloff. Don’t chase orders. Wait for the rebound, wait for confirmation, and wait for a more comfortable setup.

$BTC $ETH
BTC-0.31%
ETH2.24%
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