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Let's be honest, this wave of short sellers really delivered. 🚨📉 When the market hadn't fully kicked off yet, $SIREN it looked like it was trying to push higher, but the more I watched, the more it felt hollow: no buyers stepping in on the way up, volume not backing it, and it went limp as soon as it hit the resistance zone.
A few days ago, when I was watching SIREN in the afternoon, what I saw was a weak rebound, not a strong continuation. Especially after several attempts to break through failed to hold, with clearly insufficient demand, so I warned back then not to chase longs, and to wait until it couldn't push higher before opening a short 👀📌
When it's time to eat, don't play it cool.
Now the price has moved from 1.20261 to 0.04058, with a return of +2369.43%. This short order has been executed smoothly 🔥💰🎉 Patience upfront leads to comfortable positioning later.
For position sizing, first close 80% — don't be greedy for the last bite ✅🎯 Keep the remaining 20% as a cost-price hedge; if it keeps dropping, let the profit run, and if it bounces back, don't let the profit turn into a loss.
Chasing the tail end is a good way to get slapped. ⚠️ If you missed it, don't chase. Wait for the next clear signal, and for the next more comfortable entry point to take action 🔔
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