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A few days ago, it was still putting up a strong front, but today it directly revealed its hand. 📉🔥
A few days ago before bed, I looked at $STO , and it was still swaying sideways up there. On the surface it seemed strong, but in reality, every pullback was weak, volume couldn't keep up, and buy orders weren't absorbing.
During the session, when it was grinding at the top, I wasn't watching whether it went up or not, but whether it could hold. As soon as STO was pressed above, it fell back, the rebound was weak, and the bull trap smell grew stronger, so at that time I waited as planned for a short entry opportunity 👀🎯
Not afraid of it grinding, but afraid of you panicking first.
Now looking back, from 0.0519 to 0.04518, the return rate is already +317.50%. This wave's rhythm was handled quite comfortably 😎💰📉 By holding back earlier and not chasing blindly, there was room for profit-taking later.
In terms of handling, first close 80%, take the bulk off the table ✅📌 Leave the remaining 20% with a cost price stop-loss. If it continues down, let the profit run. If it bounces back, don't get attached. Don't mess up the rhythm you've already established.
If you missed it, don't chase. Chasing the tail easily messes up your mindset ⚠️ Wait for a pullback confirmation, wait for the next clearer entry point. Move only when the opportunity appears 🔔
$BTC $ETH