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When I looked at $XLM this morning, my first reaction wasn't to chase long—it felt more like the price was barely holding up. There's been persistent selling pressure above XLM, and every time it tried to rise, it got slapped back down. I've been burned by this kind of setup before, so this time I was more cautious.
The real shift came here: from excitement to silence very quickly. Fewer people were shouting for a breakout, the bounce momentum weakened, and after entering a short near 0.18690, I didn't expect to smash through in one go—I just waited for it to show signs of exhaustion.
Later, the price dropped from 0.18690 to 0.1808. That stretch validated my read, and +230.82% came through. To be blunt, the short made money not because I was spot on, but because I didn't get shaken out by those few fake bounces.
Now I don't want to overcomplicate things. First lock in what we've already got, then let the market speak for itself. The worst thing is getting greedy after a win—don't chase a missed entry, just wait for the next comfortable spot.
$BTC $ETH