This drop in $NAS100 looks exactly like a whale script: first wear you down at the highs, then suddenly pull up to create hope, and finally reverse and slam it down. If you understand this rhythm, holding a short isn't that hard.

I had already noticed that position. NAS100 hit the upside multiple times but couldn't break through. Volume was hot but price wasn't moving — I wasn't going to go long there. My entry was at 29885.23. After entering, I only watched one thing: whether a retrace could reclaim that level.

The answer is straightforward. Price is now pressed down to 29241.55, short position profit +200.21%, and the room for trend movement has been released. Many are still debating whether it's a washout, but the structure has clearly changed — weak is weak.

Once profits come out, don't get greedy and lose control. If your position is large, do an 80/20 partial take-profit first, keep a trailing stop on the rest, give the trend some room to extend, and leave yourself an exit.

If you missed it, don't chase. Especially after such a fast drop, the most likely move is a retrace. Don't chase entries — wait for the next more comfortable setup.

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