The key high-level level I was watching for finally gave the answer today. The drop in this $LUNC segment was very direct. The best part isn’t how much it fell, but that the rhythm and my prediction basically matched.



I opened a short around 0.00008156. After entering, I didn’t rush into frequent trades, because what really caught my attention was that the sell-off above had volume but didn’t push up. Every time the price tried to surge higher, it was quickly pulled back. This kind of order book suggests the buying pressure is starting to look fake. Now it’s at 0.000059, with unrealized profit of +1962.67%, and the market’s room has been released pretty decisively.

Many people were still hesitating at the time, thinking it might surge again. But trading can’t rely on hope—you need to judge whether the order book is giving you strength. If the high level can’t hold and the bounce doesn’t continue, shorts naturally have room to play.

So far, there’s no need to get too emotional on this trade. Once profits are made, protect them first. My approach is an 80/20 management: lock in part of it first, and then let the rest trail with the protection level to prevent a sudden rebound from swallowing the floating gains. If you missed it, don’t chase a short—wait for a more comfortable spot.

$BTC $ETH
LUNC-1.44%
BTC-1.20%
ETH-2.75%
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