This short position has finally paid off. When $EDEN dropped from its high, many were still expecting a rebound to continue pushing up. I wasn't just watching the excitement; I saw that the buying support above had clearly thinned out.



I handled EDEN as a bearish play. After entering near 0.06541, the price dropped all the way to 0.0429, and now the floating profit is +675.49%. To be clear, it's not luck; the price repeatedly failed to break above previous highs, and the chart had already signaled weakness.

What kept me holding was that the rebound strength during the decline was consistently weak. Every time it pulled up, it was pushed back by selling pressure, showing that bulls were no longer aggressive. Many people feared missing the rebound and ended up being trapped by the fake-out.

Now that profits have been realized, those with heavy positions can consider taking 80% off the table, and keep the remaining 20% with a protective stop to watch for further extension. Don't let the profits be eaten away by a pullback. Those who haven't entered yet, don't rush. After the short is cashed out, even more so, don't chase blindly. Wait for the next more comfortable entry point.

$BTC $ETH
EDEN7.98%
BTC1.02%
ETH0.52%
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