This short trade’s rhythm was really comfortable. $INJ went from being held under pressure from a high and then broke down to release—basically a complete playbook. At the start, the chart was still repeatedly luring longs. A lot of people only saw the rebound on the surface, but what I saw was that the sell pressure above kept getting heavier, and the structure had clearly changed.



The entry price was 5.542. Now the price is at 4.894, with a return of +563.95%. This drop didn’t happen suddenly. I’d already been watching this level beforehand—the counter-rallies were weaker each time, and the bids couldn’t keep up. After the breakdown, the funds followed through and drove prices lower, and that’s when the shorts finally got to book the profits.

But the more you’re in profit, the more you can’t get reckless. For those with larger positions, you can handle part of it using 80/20. For the remaining position, keep a protective stop and continue watching whether the move’s extension is clearly unfolding. Profit is in hand—timing matters more. Don’t throw off all your earlier judgment just to grab one more bite.

If you didn’t catch it, don’t chase at the bottom. Chasing shorts can easily end up getting taught a lesson by a rebound. Wait for the next opportunity—wait until the price gives you a more comfortable entry point.

$BTC $ETH
INJ5.83%
BTC1.74%
ETH0.86%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned