When I looked at $SIREN this morning, my first instinct wasn't to chase longs, but rather that the price felt heavy above. I've seen this kind of market action many times before—a quick pump that gets pushed back down. It looks lively on the surface, but it's actually weak underneath. I had actually noticed this level earlier, but was waiting for confirmation.

This trade went from 0.04002 to 0.02807. The hardest part of the process wasn't judging the direction, but holding on without being scared out by the pullbacks. There was a stretch where it rallied quite sharply, and many would have thought it was a reversal, but the key is that it couldn't hold after the rally. Simply put, a truly strong market doesn't keep you in doubt.

Now +730.38% is on the table, and I don't intend to squeeze every last drop. The most dangerous time when making money is suddenly getting carried away, especially after a short trade is realized—you need to guard against profit drawdown. Going forward, I'll keep a portion to see if the trend continues, and I'll exit if the rhythm is broken. I won't chase the tail end, nor will I trade out of spite against the market.

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