That last dump was interesting. $INJ didn’t suddenly weaken; rather, funds had already been slowly withdrawing from the high ground. Most people only see the price still moving sideways, but what I’m seeing is that every push upward gets pressed back down. The more aggressively the buy side calls, the weaker the move becomes instead.



I was already prepared for this portion. I entered a short at 5.542, and now the price has dropped to 4.838—profit shows +616.96%. The real key is this: holding sideways at the highs without going up isn’t strength by itself. Especially after the breakdown, there wasn’t a decent rebound—this indicates that panic selling has started to pass the baton, and the room for volatility has opened up.

If you have profit now, respect the profit. Don’t treat a winning trade as a faith. I’m splitting 80/20 in batches: first take profit on most of it, and then use protective levels to lock in the timing for the rest. Whether it can keep getting pressed, we’ll see; if it can’t, then I’ll exit. There’s no need to take it personally and fight the market.

If you didn’t catch it, don’t chase. INJ’s short-term move has already played out. Wait for the next rebound to face pressure, and wait for a more comfortable position.

$BTC $ETH
INJ3.73%
BTC0.43%
ETH0.27%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned