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Just like stockpiling a batch of off-season items that have been slow to sell, you anticipate the market will gradually drop in price—so you decisively place an order for a 100x short📉
$SPCX At the original average entry price of 156.20, the current market price is now down to 151.09. On paper, you’ve locked in a steady profit of 304.10%—it’s exactly like waiting for the goods to go on discount and cashing in the gains💰.
The current pace of the price drop fully matches what you expected, but once things have fallen for a long time, it’s only natural that there will be a small rebound—like off-season goods occasionally doing a little “back on promo”⚠️. You don’t dare to be greedy and swallow the whole move in one bite.
Plan to take most of the profits off the table first, and leave only a tiny position to catch the later stages of the downside.
In everyday life, people prefer steady progress over time—trading is the same. Keep a firm hold on the profits you’ve secured, because that’s the most solid. Then just quietly wait for the next wave of a suitable entry opportunity🚀.
$SPCX $LAB