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Honestly, this market is really messing with people. 🚨📉
A few days ago before bed, $AVAX was still grinding up there. Many people saw it not dropping and wanted to go long, but I was instead watching whether it had real support. The result was obvious: weak bounce, no volume, and it crumpled as soon as it hit resistance above.
When the market hadn't fully started yet, I saw AVAX struggling every time it tried to go up 👀. That's not strength, it's forced support. No one was buying the push, so the fakeout smell got stronger. So at around 9.169, I executed a short, with the idea to wait for the bears to cash in.
Opened the market in the morning, price had already reached 6.366, profit showing +2170.68%. That was a tasty trade 🎯🔥. Those on the ride must have woken up laughing.
Don't get emotional with profits. When making money, the biggest risk is getting carried away. ✅ Close 80% of this trade first, put the bulk into your pocket, and protect the remaining 20% at cost, let profits run if it keeps dropping. 📌
If you missed it, don't chase ⚠️. Chasing is prone to getting hit. Wait for the next clear signal, wait for a retest confirmation, and move on the next entry when the setup is comfortable. 🔔
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