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This one came out, and the market directly stopped pretending. 📉😎🔥
A few days ago in the early morning, $ICNT was still grinding sideways at a high level. At that time, I was watching the support for ICNT, but the more I looked, the more I felt something was off: no one was buying when it went up, and the rebound softened as soon as it hit resistance. The signs were obvious.
During the bottom grinding process in the session, my suggested approach was very simple: don't be misled by a superficial pump. What really matters is whether funds are following through 👀. If volume doesn't follow, no matter how fast it surges, it's easy to reverse. So I prefer to wait for the bears to exert strength, rather than catching the last leg.
Good positions are waited for, not chased.
If you understand, then execute. Don't hesitate at the final moment. 🎯
From 0.2422 to 0.1886, this wave resulted in +435.74%. It feels good to have that control. 📈✅ I'll close 80% first, and protect the remaining 20% at cost price. Let the profit run if it continues down, but don't be greedy for the last bite.
If you missed it, don't chase. Wait for the next clear signal. Chasing the tail can mess up your mindset. ⚠️ Wait for the new structure to appear, opportunities are never lacking. 🔔
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