$LUNC This short position has been successfully opened.

In early trading, many were still waiting for a continuation of the retracement, but I felt uneasy instead; it couldn't break higher, and the buying support was getting weaker.

The core judgment is simple:
This level has already weakened.

From 0.00008156 to 0.00006184, the bearish rhythm has been pressing down all the way, with current profit at +1715.59%. It's not luck; after the chart confirmed the move, I just followed the trend.

There were retracements in between, but the strength was dry, not at all like it would retake the previous level.

Simply put, most people were watching for a rebound, but I was watching for the rebound to fail.

I'm not being greedy with the position here.
First, take profit on 80% of the short position, and keep the remaining 20% to see if the extension continues. The stop-loss has been moved down to protect profits from giving back too much.

If you haven't entered yet, don't chase now; it's easy to get caught in a short-term retracement.

Next time, wait for the structure to give a new signal before acting.

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