$LINK Taking this short position, you could say it’s caught the high-level pressure.

Entry at 9.750, current price is 8.037, with floating profit of +1247.36%.

When it first started dropping, many people still thought it was just washing out—I, on the other hand, became even more alert, because a strong market won’t keep leaking at key levels repeatedly.

Here, things clearly start to look wrong.

The rebound lacked speed, volume couldn’t keep up, and once price got pushed down it broke—showing the order book is no longer being run by the bulls.

So this trade had no dragging it out.

Take profit on 80% of the position first, keep 80% still holding, and see if there’s further room for upside release ahead.

The protection level has already been moved to a fairly comfortable spot. If it can hold, continue; if it can’t, exit.

The biggest fear in trading is treating profits as a given.

Chasing shorts now has poor cost-effectiveness—don’t squeeze into it if you’re not already on board.

Wait for the next structure to form before making a move.

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