Vitor Pereira was proud of Wolves' efforts, even though their six-match winning run ended with a narrow 1-0 defeat in Manchester City and said they had earned a beer after the game.
Kevin De Bruyne scored on his penultimate appearance in the Etihad Stadium when City earned a crucial three points on Friday, increasing their hope for a top-five Premier League finish.
But Pep Guardiola's team had to ride long periods with their luck, with Wolves missing two golden opportunities at 0-0.
Jean-Ricner Bellegarde Over Hit A simple pass for Marshall Munetsi, who waited for a tap-in, while Rayan Ait-Nouri hit the post and then saw a follow-up attempt made free of the line of Josko Gvardiol.
Although wolves tired in the second half, they went close again when Matheus Cunha rattled the pole off the edge of the box in the 56th minute.
Wolves only hit the target with one of their six shots in a game of some clear opportunities, although they limited the city to only two shots on goal and 0.65 expected goals (XG).
Only Manchester United (last month in a 0-0 draw) and Liverpool (in a 2-0 win in February) have limited this season to a lower XG figure in a Premier League match.
Asked if wolves were made to Ruen's missed opportunities, Pereira told Sky Sports: “Yes, but in the end this is football. I am still proud of my team.
“I told them that we can lose a game, but we cannot lose our identity, our courage, our ambition, our dedication, our team spirit.
“Today I saw everything in my team, anything but the result.
“We are a team that wants to press high if we have the chance, a team that knows how to defend lower, that the ball wants to have and creates opportunities, to speed up the game.
“Okay, today we didn't score, but I'm very happy. Next season I want to see the same mind, try to compete. That's why I said this is about us, not about the other team.
“We have shown that we have the quality to compete with them, and in the end we are proud of ourselves and proud of our supporters.”
In Friday's game Pereira had supervised a return of 32 points of 18 Premier League matches at the helm.
No manager has ever taken the lead on a team in the relegation zone at least 10 games in a season and has collected more points through their first 18 games.
Pereira is depicted to celebrate Wolves' recent victories by drinking with supporters in local pubs, and despite Friday's defeat, he still believes that they have something too toast.
“Maybe I will drink my beer! I think we deserve it,” he said. “If I am not proud of myself and my work, if I am not proud of the players, I will not go.”
The last three games of the Wolves season, they see Brighton, Crystal Palace and Brentford, three of the four teams directly above them in the table.