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Before bed it was still pretending to be strong, and when I woke up it just made me laugh! 🚨📉 A few days before bed, $STO repeatedly tested above, at first glance it seemed quite aggressive, but on closer inspection it's all problems: no one picks it up when it goes up, no continuation in the rebound, and the volume doesn't cooperate.
When the chart hadn't fully started yet, I saw that STO was always a bit short of momentum every time it pushed up, and as soon as there was selling pressure near the resistance level, it pulled back👀 I don't like chasing longs in this structure, but instead prefer to enter short after it fails to break through, so I watched for an entry around 0.0519.
Now it's at 0.04739, with a yield of +213.08%. This short position was executed beautifully🔥🎯 The more it grinds at the front, the cleaner the break once the rhythm is lost.
When it's time to feast, don't pretend to be calm.
Chasing the tail gets you hit easily.
In terms of exit, don't be greedy, first close 80%✅💰 The remaining 20% with cost protection, let the profit run if it continues, and don't give back the profit if it bounces back📌
If you missed it, don't chase⚠️ Wait for the next clear signal, wait for a pullback confirmation, see the new structure before acting, be patient, and fire the next shot🔔
$BTC $ETH