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A few days ago it was pretending to be strong, but today the bears just showed their hand! 🔥📉 Opening the chart this morning, $FIL this move made the hesitation at the high a few days ago crystal clear. A few days ago before bed, it was still hovering up there, but each time it pulled back, no one was buying.
At that time, my analysis of FIL was simple: low-volume pump, lack of support, and top resistance that buckled at the first touch 👀 So around 1.0491, I opened a short position following the bearish approach, not chasing the surface excitement, just waiting for it to show weakness.
When you're making money, the worst thing is suddenly getting carried away.
Take profits when you should.
Now the price has come to 0.7427, with a direct gain of +1406.50%, this move was really well handled 🎯💰 The bears gave the answer, and the timing wasn't wasted.
In terms of handling, first close 80%, take the bulk profits ✅ Keep the remaining 20% with cost price protection; if it continues to drop, let the profits run; if it bounces back, don't give back the profits 🔔🛑
Don't chase if you missed it ⚠️ Chasing tails gets you beaten; wait for the next shot, wait for a clearer position in the next round. Opportunities aren't grabbed, they're waited for 📌
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