This candle came down, the chart is no longer pretending! 🔥📉 A few days ago, the last look before bed, $GMT was still grinding at a high level, unable to rise or fall decisively, but what I cared most about was the overhead resistance and the quality of the rebound.



Before the chart fully started, GMT repeatedly tried to break through around 0.01052, but each time it fell short, lacking volume and weak support. 👀 My judgment at the time was straightforward: don't chase longs at this level, open shorts and wait for confirmation.

Some money isn't earned by impulse.

Now the price has dropped to 0.00762, with a gain of +1327.54%. This short move gave the answer, and the timing was spot on. ✅🎯💰

Don't get carried away with the position. First close 80%, and protect the remaining 20% with cost price. 📌🛑 If it continues to drop, let the profit run; if it rebounds, don't turn a comfortable trade into a key level battle.

Take profits when they are there. ⚠️ If you missed it, don't chase. Chasing leads to mental chaos. Wait for a retest confirmation and a more comfortable entry for the next round. 🔔

$BTC $ETH
GMT1.47%
BTC-0.84%
ETH-0.19%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments