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This drop feels great. $PEPE finally smashed out the space that was pent up before.
I entered my short position around 0.000003774. At that time, the most obvious change in the chart was not a decline, but an inability to rise. The price tested the upside repeatedly but couldn't hold steady. Buying looked active, but actual absorption was getting weaker. Many people haven't caught on yet; they only see the short-term rally, not the accumulating selling pressure behind it.
Now the price has hit 0.000002598, and this trade is up +2214.77%. With the volatility space opened, the short-side rhythm becomes smooth. Profiting from declines isn't about chasing bearish candles; it's about securing your position before the structure weakens, and waiting for the market to give the answer.
Currently, I'll process the profits first. An 80/20 split is more suitable for this kind of sharp drop. The remaining position will follow with a protective stop. Don't rush in just because you see others making profits. If you missed it, wait for the next opportunity and move when the entry is more comfortable.
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