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This drop isn’t sudden—it's been set up in advance. Those false breakouts at $DOGE’s highs were clearly luring latecomers into chasing and entering longs.
At the time, I was watching 0.08575. After the price went up, there was no follow-through—every time it rallied, it was pushed back down. A lot of people saw the red candles and rushed in, only to turn around and end up trapped above. The key is this: it’s not that they’re not giving opportunities; they first sweep out liquidity, and then smash it downward while the momentum carries.
Now 0.07533 has already been reached, and the short position profit is +1129.59%—the price action extension is clearly unfolding. At this stage, I won’t fantasize about taking everything in one bite. An 80/20 staged take-profit fits my rhythm better: lock in most of the profit first, and then let the remaining portion follow with a protective level—if it runs, I’ll let it; if it can’t move, I’ll pull out.
Trading isn’t about who can shout the loudest—it’s about who can hold their rhythm amid chaos. If you missed the move, don’t chase shorts. Wait for the next opportunity, and wait for a more comfortable entry.
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