Let's start with the result: the short position on $STABLE has been cashed in this wave.

Opened a position around 0.03549, now the price hit 0.03379, showing a profit of +230.68%. This drop was successfully captured.

The most obvious change on the chart is that the high area is starting to struggle.

It looks like it's still holding up, but every bounce is lacking. The bulls want to push but can't, and that feeling is very clear when watching live.

Many are still watching for a rebound, but I care more about why it can't rebound.

After it broke down, the pace directly accelerated.

Once the bears take over at this level, don't overthink it. If you can take profits, take them first.

I've already taken profit on 80%.

The remaining 20% is kept, with the stop-loss trailing downwards, giving it some room to continue.

Now is not the time to chase blindly.

Profits were taken according to plan, not driven by emotions. Next time, wait for it to bounce and face resistance before looking again.

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