Today, this short trade is quite satisfactory to me—not because of the sharp drop, but because the weakening process of $MYX from the high was very clear, giving enough confirmation.

I entered at 0.1975. After the pullback failed at that level, the market started to weaken continuously, with key levels being pressed lower and lower. Many were still waiting for a strong bullish candle to save the day, but frankly, the rhythm had changed. The price could have been pulled back from this level before, but this time it clearly couldn't.

Now the price is at 0.0716, with a profit of +1255.16%. The market space has been released. The worst thing in trading is to keep holding with hope when the structure has clearly broken down. The reason this short could capture this move is that I wasn't scared off by the short-term pullbacks.

There's no need to get excited right now. After taking profits, first think about how to protect them. For large positions, you can take profits on most of them, and let the remaining small position follow with a trailing stop. Don't let the gains you've secured get shaken out by the back-and-forth. If you missed this move, don't rush to short now. Wait for the next more comfortable entry.

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