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The weakness in $BAS didn't appear suddenly — capital had already shown signs at the highs. On the surface, the price still grinds sideways, and many think it's just normal consolidation. But what I see is an increasingly heavy supply overhead, with each pullback rally growing weaker.
This short was entered around 0.028373, and after pulling down to 0.02784, the current return is +36.01%. There were fluctuations along the way, but every retracement failed to reclaim the key zone, which is why I'm still holding.
Simply put, what the market fears most isn't a drop — it's fake strength. It looks tough, but once capital pulls out, it's fragile. What really caught my attention is that after the breakdown, the price didn't quickly recover. That suggests shorts are not just testing, but taking control of the rhythm.
Now that profit is locked in, don't let greed take over. If your position is large, take 80% profit and keep the remaining 20% with a breakeven stop to continue watching the volatility expand. If you haven't entered yet, don't chase just because you see gains. Chasing after a sharp drop is likely to get you tortured by pullbacks. Wait for the next confirmed opportunity.
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