This move just now is very typical: first scare people, then pull it back, and finally make the direction clear. Many got washed out by the earlier sell-off, and the real upward move started after the panic.

My $TRUTH long and short positions entered at 0.010718. At the time, I was focused on the speed of recovery after the wick. In a normal weak market, once it gets dumped it should keep drifting lower, but here it didn’t—instead it quickly reclaimed the key area, showing that selling pressure was being absorbed. The current price has already been pushed to 0.011526, with profit of +371.85%, and the trading range has clearly opened up.

Put simply, this isn’t just chasing; it’s that after panic gets released, control returns to the longs. The key is right here: most people fixate on that wick and are afraid, but I’m looking at whether it keeps falling after the wick.

Now that you have profits, don’t get greedy and lose control. Take profit in 70% in batches, keep 30% for the trend, and move the stop-loss up as protection. If you miss it, don’t force a chase—don’t pursue the trade; wait for the next opportunity and for a more comfortable level to appear.

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