ELSA's recent performance is worth paying attention to. The single-day decline has exceeded 35%, and combined with the holding data, it is clear that the main force is conducting a distribution operation.

From a technical perspective, this is a standard resistance-free decline pattern. Huge trading volume accompanied by a straight drop in price, market sentiment has already fallen into panic, and investors are beginning to sell off en masse. Currently, at this price level, there is no effective buy support, and every rebound is quickly suppressed.

The short-selling strategy is quite clear:

📍 Entry range: 0.155-0.160
🛑 Hard stop-loss: set at 0.170
🎯 First target: 0.140
🎯 Second target: 0.120

The market structure has already been broken, and the downward momentum continues to accumulate. In the short term, rebounds are new shorting opportunities. At this stage, the advantage is clearly with the bears, and as long as the price does not recover above 0.170, the downtrend will not change.

This wave of market movement is very fast, and risk management is the most important.