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This short position didn't take that long to wait, but $ESPORTS finally broke through the weakness today.
At the start, the market was deeply divided, with many people staring at the rebound and fantasizing about continuing the rally, while I was watching whether the price could hold around 0.04289. The result was obvious—the price repeatedly failed to push higher, and each pullback was more decisive than the last, signaling structural weakness. What really caught my attention was the thinning support at higher levels; a slight sell-off caused some to let go.
Now ESPORTS has reached 0.01585, and the profit on this position has grown to +1241.34%. With the volatility range opening up, shorting is paying off comfortably. The worst thing in trading isn’t being wrong, but being right and still letting emotions throw you off.
The profit is already here, so I’ll manage it in stages with an 80/20 split, move the protective stop lower, and only keep the remaining positions to see if the trend can extend further. For those who haven’t entered yet, take your time—don’t chase entries, don’t chase shorts, just wait for a more comfortable entry next time. Opportunities will come again.
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