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$PEPE short position: the key isn't to turn bearish only after it drops.
When the price was around 0.000003774, the signals were already there—upside momentum lacked continuity, while pullbacks were smooth; the exhaustion on the chart was impossible to hide.
Many are still waiting for another leg up.
But I was more inclined to trust the weakness itself, because a strong market doesn't repeatedly give opportunities at key resistance levels.
Core judgment:
Resistance at the high held; after the failed retracement, the bearish rhythm should be respected.
Now at 0.000002683, short position gain +2053.08%, this decline has validated the earlier judgment.
The position is no longer being clung to.
80% profit taken, the remaining 20% continues to be held with a protective stop—let it ride if it keeps going, close it out directly if it stalls.
In trading, the worst thing is to be right on the direction but unwilling to exit.
Don't chase this move if you missed it. Wait for the next clear structure before acting.
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