This short position has finally paid off, and the chart gave a very direct answer. When $LINK surged earlier, many were still watching for a breakout, but I was more focused on the speed of the pullback after the high-level pressure.

Opening short near 9.750 wasn’t about trying to pick a top, but because the price kept testing the upside without holding, and as buying pressure weakened, the structure clearly changed. What really caught my attention was that each retracement couldn’t lift the price, while key levels were slowly being pressed down. Once that rhythm was confirmed, the bears naturally released.

Now the price has reached 7.78, and this trade has gained +1433.66% — the move has unfolded quite cleanly. For those with larger positions, I’d lean toward a 80/20 partial close: lock in some profits first, then let the rest ride with a protective stop to avoid giving back floating gains easily.

This move wasn’t chased — it came from waiting for the market to show its weakness. If you missed it, don’t rush. Chasing shorts now could easily get you stopped out by a bounce. Be patient and wait for a more favorable setup next time.

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