This recent drop has released all the short profits that were pent up earlier. $TRB has been under high-level pressure for quite some time. The more the chart struggles to push up, and the more people shout to keep charging, the more I feel the risk is accumulating.



Before the signal came out, I already observed changes. The rebound strength near 17.31 was clearly weakening. The price seemed to be holding, but every time it went up, it got smashed down. The real key is not whether it fell, but that it can't go up anymore.

Now it has come to 16.66, with short positions at +262.34% sitting right here. The price movement has been released cleanly. At this level, I will not emotionally add positions. Profit has come out, so I need to start thinking about how to protect it.

My approach will be on the conservative side. I'll take profit in two batches at 80/20, and the remaining positions will have a protective stop to see if there is any extension. If you missed it, don't chase the short. Don't chase after a rebound. Wait for the next more comfortable entry point.

$BTC $ETH
TRB-7.43%
BTC-1.16%
ETH-1.98%
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