Have you ever encountered this situation?

The price suddenly plummets through a key level, and you think it’s going to crash significantly, but within a couple of days, it rebounds back to test the previous support line?

This is what seasoned traders in the crypto world often refer to as the 'breakout retest' tactic. Simply put, it's a psychological game played by the main players, first breaking the support to instill panic and force you to sell at a loss. Just when you think it's time to run, they pull it back, pretending to reverse—at this moment, don’t get carried away!

When the price effectively breaks below the support level, such as closing below it for three consecutive days, the rebound that follows is mostly just a false move. It’s like a basketball that bounces back up after hitting the floor, but it absolutely won't reach the ceiling!

The smart ones will add to their short positions during the rebound or wait for a second drop to buy, rather than naively trying to catch the bottom. Don’t panic when the level breaks; a rebound is an opportunity. Confirm twice before taking action, and transform from a retail investor to a savvy trader!

Skillful tactics are the tools for opening positions; long and short levels are for following trades, independent trading, and understanding the losses.

Are you stuck in a position? When to catch the bottom? Still the same saying, feeling lost and helpless, not knowing what to do, just click on my profile and comment. I need followers, and you need a reference.

I will continue to track strong coins, if you want to follow the strategy above: 111

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