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Don't blink too fast—this short squeeze was cashed out way too cleanly! 📉😎 A few days ago, before sleeping, $KGEN was still grinding upward slowly, and many thought it could push higher. At that time, I only saw one issue: the upward move was labored, and the buying support was even weaker.
Before the market fully kicked off, I was watching every rebound in KGEN 👀—no one was buying into it, volume wasn't following, and it went soft as soon as it hit resistance levels. In that kind of market, I won't chase longs; I just wait for the short opportunity to emerge. So I opened a short position around 0.20275.
Now the price has hit 0.18201, with a return of +492.62% ✅🔥 That was a satisfying trade. When the rhythm is right, the market naturally gives you the answer.
This is the rhythm. 🎯
If you chase tail, you're asking for a beating.
For handling, first close 80%—don't be greedy for the last bite 💰. Protect the remaining 20% with cost-based stop-loss 📌. If it keeps dropping, let the profit run; if it retraces, don't turn a comfortable trade into a pain 🛑.
If you missed it, don't chase ⚠️. Wait for a retracement confirmation, wait for the next clear signal. The market never lacks opportunities—it lacks patience 🔔.
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