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This wave of $WLD short positions has played out, honestly more decisive than I expected. Back at the high, many were still waiting for a further surge, but I felt something was off — when it can't go up, that's when it's easiest to trap people. Earlier when watching WLD, I was mainly looking at whether the support at this level would break.
From 0.4331 to 0.3892, it didn't go straight down — there were bounces, and there were attempts to shake out people. The real change was this: the bounces lacked new momentum, and volume couldn't hold the price up, so I didn't rush to act. Many people lose by chasing blindly during a decline — actually, shorts are most afraid of catching the tail.
Now the feedback has reached +725.77%. This section can be considered as the market giving its answer. I'll first lock in the profits, and for the rest, see if it can continue to push down. If you missed it, don't chase — trading isn't about catching every move; waiting for the next comfortable signal is more important.
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