After this drop, the market structure became clear. $IRYS had been consolidating at a high level for a while. Many thought that not falling meant strength, but I saw it as dangerous — because the price couldn't go up, and dragging it out only drained the longs' patience.

I opened a short around 0.03013, not looking at a single candle, but at multiple attempts to break higher with no result. Simply put, the rhythm changed — buying pressure couldn't keep up, the bounces got weaker, and the probability of a sell-off increased. It's now hit 0.01403, with a gain of +1052.13%, and the trend extension is clear.

For now, I'm being more conservative — taking most of the profit off the table while keeping a protective stop on the remaining position. Don't underestimate this kind of partial closing. To survive in futures, you need to not be greedy when you're making money and be prepared before a pullback.

This trade was a short that paid off — it's not an advice to blindly chase now. Miss it and move on. The market moves every day. Don't ruin your position just to jump back in. Wait for the next opportunity.

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