Still not clear on how to place this order?

At the 0.047 level, $CHZ can't be moved horizontally, the pressure from above is always pressing down, and there’s no volume on the pullback. I see signs of capital outflow, and the rhythm of rising then falling back is very obvious.
Once the signal appeared, I didn’t want to fight it hard, I directly took the short position as a reminder to enter the market, short at 0.047.
Now the price has already dropped to 0.04379, this downward move has solidly absorbed the space, and the short position profit has reached +328.90%.
Honestly, this magnitude is no longer small gains; it’s a real fulfillment of the judgment.
My approach is very simple: first take out 80% of the profit, leave the remaining small position lightly, see if it can continue to give space downward later, don’t be greedy and give all the profit back at the end.
For those still in the position, don’t be lazy with stop-loss and protective levels, watch the volatility closely, as contracts can turn against you very quickly;
If you didn’t catch this move, don’t chase low now, the position has already moved out. Wait for the next clear signal, I’ll remind you then.
Chasing blindly is worse than holding cash and waiting. $BTC $ETH