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At the 0.0012317 level, $XPIN the rebound is clearly lacking volume, the sell orders above are pressing down, and it was pushed back when it surged higher, indicating a strong outflow of funds. I didn’t want to fight it head-on at that time, so I entered with a short-selling approach and directly exited the short position.
Now the price has dropped to 0.001224, and the downward space has already been taken out, with unrealized profit reaching +30.10%. It’s not exaggerated, but the rhythm is correct; taking profits early is more stable than greedily holding for the last bit.
My approach is to take 75% of the position off the table first, and keep the remaining 25% to see if it can continue to give more room downward. For those still in the position, set clear protective stop-losses, don’t let profits evaporate with volatility; don’t chase after missed opportunities, wait until I see new signals later. $BTC $ETH