This short was very satisfying, but the process was far from easy. When $ONDO was grinding at the highs, it looked like it was coiling up, but every attempt to push higher was rejected. This is the kind of setup I'm most cautious about—the more people expect a breakout, the easier it is to get trapped.



I entered around 0.4096, and didn't rush to call the outcome. I first watched to see if it could reclaim the key level. What really gave me confidence was the lack of bounce strength after the drop, and that there was no continued capital defense—indicating that the overhead supply was starting to weaken. Now the price has come to 0.3187, and I've locked in +1068.73%. The market has clearly opened up room.

Now is not the time to get carried away. Profit is not a reason to lose focus. If you have a position, protect your gains—take partial profits in batches, and keep a small position to see if the move extends further. As long as the bounce fails to reclaim the key level, the bearish momentum remains intact.

But if you're not in the trade, don't chase just because you see profit. The move has already run a stretch—chasing now offers poor risk/reward. Wait for the next failed bounce, and wait for a better entry.

$BTC $ETH
ONDO0.63%
BTC1.62%
ETH1.20%
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