This is not a simple pullback; it's a downward push after liquidity was swept at the highs. Short $IN opened at 0.09609, now price is at 0.04469, position profit +2575.54%, the extension is clearly ongoing, and that grinding consolidation from earlier finally paid off.

At the beginning, many people saw the wick and thought it would keep rallying, and some even got tricked by the short-term bounce. But my perspective was different. What really caught my attention was that after sweeping the high side, the price did not continue to expand but instead quickly dropped back into the range. This kind of price action usually indicates insufficient follow-through up there.

In short, the rhythm has changed. Panic doesn't come after the drop; it comes when everyone realizes that the bounces are getting weaker and weaker. Holding the short to now, the profit is already considerable. If the position is large, you can first split it 80/20 and guard the rest with a stop-loss.

Don't add recklessly just because you're in profit, and don't chase just because you missed the move. Missed the short? Don't short now. Bounce? Don't chase. Wait for the next high-conviction opportunity.

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