Once this root comes out, the market will directly stop supporting! 📉🔥 A few days ago, before bed, I saw $CHZ still holding high levels stubbornly, seemingly ready to continue pushing, but upon closer inspection, the volume didn't keep up, no one was buying on the way up, and each rebound was just short of momentum.
Before the market fully activated, I kept an eye on the support changes of CHZ, and the more I looked, the more it seemed like a trap to lure buyers at high levels. The resistance above hasn't loosened, and the buying volume isn't strong enough, so I followed the bearish rhythm at that time, signaling to short, around 0.03382 👀.
As a result, when I opened the market in the morning, the answer was clear. Now the price has dropped to 0.02185, and this wave has already gained +1704.46%, after the previous tough grind, it feels really good to take profits 🎯💰.
This is the rhythm.
Don't fear the grind, just fear panic ahead of time.
In trading, don't cling to battles; first close 80% to lock in profits ✅, keep the remaining 20% as cost basis protection, and if it continues to drop, let the profits run; if it rebounds, don't give the profits back 🛑.
If you missed it, don't chase; chasing can easily mess with your mindset ⚠️. Wait for a clearer signal next time, wait for a pullback confirmation, and only move when the new position feels comfortable 🔔.
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