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This one came out, the market stopped pretending! 📉🔥
A few nights ago before sleep, I saw $ALLO still holding firm at a high, seemingly about to continue rising, but the more I looked, the weaker it seemed. Volume didn't follow, the rebound didn't sustain, each time it went up it got pushed back down. At that time, I judged this wave was more like a bull trap, not suitable for chasing.
When the market hadn't fully started yet, I watched the support of ALLO and found that no one was buying when it went up, and resistance softened as soon as it was touched 👀 So I executed a short near 0.47675, waiting for it to fail to hold.
Now the price has come to 0.30108, the yield has run to +903.56%, this profit is satisfying ✅🎯 It was really grinding earlier, but it turned out to be delicious.
This is the rhythm.
Don't get emotional with profits.
Operationally, take the bulk first, close 80% 💰📌 Leave 20% as cost protection, if it keeps dropping let the profit run, if it bounces back don't give back the profit.
If you missed it, don't chase ⚠️ Chasing can mess up your mindset, wait for the next clear signal, wait for a retest confirmation before considering the next move 🔔
$BTC $ETH