Do you understand this order? $IRYS Short position entered at 0.04832, the market is very straightforward, it’s no exaggeration to say this kind of fluctuation is exciting.

At the 0.04832 level, I see clear resistance above, no volume on the rebound, and signs of capital outflow, with continuous upper shadow pressing down, I didn’t wait for it to grind, once the signal appeared I immediately took a short position.
Now the price has already fallen back to 0.02934, with a potential gain of +773.41%, don’t pretend to be calm about this profit.
I personally will first take back 80%, and use the remaining 20% to hold with the profit, to see if there’s still room to go further down.
For those still holding in the position, set your protective orders properly, don’t let volatility wipe out your unrealized gains;
For those who missed this order, don’t chase the position blindly, wait for the next clear signal, I’ll call out again when I see a suitable window. $BTC $ETH