This wave of selling looks very much like a typical sweep-and-crush. The fakeout at $LYN’s high was too obvious—if you reacted a bit slower, it’s easy to get pulled in by your emotions.

At the time, the price kept hovering around 0.05161. On the surface, there were still pushes higher, but what I was watching was the support. Once the active buy orders above weakened, and the resting orders below were punched through, the structure was no longer healthy. Many people think it’s just normal choppiness—the key is right here: at the end of the consolidation, that’s when the direction is most likely to be set.

Now, 0.03539 has already produced the outcome: a short position +774.47%, and the room for volatility opened up very decisively. Holding this level isn’t because the nerve is big—it's because after the prior breakdown, the retracement never managed to get back above it, and the shorts’ momentum never got lost.

If you have profits, don’t act like you didn’t notice. Exiting in an 80/20 split is more comfortable: lock in the rhythm for the remaining position with a protective level. If it continues pressing lower afterward, follow it. If the retracement is too aggressive, take profits first. Don’t chase if you didn’t get in—wait for the next time there’s a confirmed setup.

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