Don’t look at $ESPORTS now that it has fallen—at the beginning of the session, it was actually quite confusing. $ESPORTS kept pulling back and forth at the high levels, and many people would think it was going to keep charging higher. I didn’t make a call right away either. Experienced traders all know that the more everyone feels “it’s steady,” the more you need to check whether the support has actually broken.

From 0.02772 all the way down to 0.01624, the confirmation point was that failed push to the top. The real change happened right here: the price still wanted to go higher, but there were fewer people following it—then flipping and smashing down came smoothly. This detail isn’t big, but it’s deadly intraday; if you miss it, you’ll easily end up chasing halfway through.

Right now, this position has returned +815.43%, and I’m not going to add fuel. Handle it in batches using the 80/20 approach—move the protection level down in sync. First, make sure you hold what you’re supposed to hold. It’s when you profit from a drop that people are most likely to develop an illusion, thinking they’ve seen through everything—when in reality, it’s just that the timing matched this time.

After that, I won’t chase the short, and I won’t rush to flip. Wait for it to give a new signal, then decide the next move.

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