This one smashed down, and the chart just dropped the act! 📉🔥
A few nights ago before bed, I was watching $VELVET , it was still grinding at the high range, seemingly wanting to push higher, but looking closer, the volume wasn't keeping up, no one was buying the upticks, and the bounces were getting weaker.
Before the chart had fully started, I saw that VELVET was being pushed back every time it tried to rally, with strong resistance above and not enough clean support👀 So at that time, I suggested following the bearish rhythm, open short, don't chase longs.
Now from 1.45979 to 0.48155, profit +664.64%, this wave of rhythm was perfectly timed✅🎯
Not afraid of it grinding, but afraid of you panicking first.
When it's time to feast, don't pretend to be calm.
In terms of operations, handle the bulk first, close 80% 💰 Keep the remaining 20% as cost protection, let profits run if it continues to drop, and if it bounces back, don't give back the rhythm you've captured🔔
If you missed it, don't chase⚠️ Chasing tail ends easily messes up your mindset. Wait for the next clear signal, wait for a retrace confirmation, and look for the next shot when a new structure emerges.
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