I'm not surprised by this latest sell-off. $ENA 's earlier pattern of not sustaining breakouts looked like a bull trap — on the surface it was still pushing up, but the actual buying support was getting weaker and weaker.

I had already noticed that level. What actually triggered my move was the failed rebound near 0.10734. The price did not show any strength to continue higher, and instead it ground through key levels one by one. Many people were still hesitating, wondering if it was a shakeout, but I was looking at the rhythm. The structure had clearly changed, so I couldn't stubbornly stick to a bullish mindset.

Now it's at 0.07671, and the short position profit shows +1374.21%. The volatility space has opened up nicely. I won't be greedy for the last bite here. Those with heavy positions can take partial profits in 80/20 batches first, then trail a stop on the remainder. If the rebound regains strength, close out in time — don't fight the market.

This trade is about following the trend after pressure at highs, not emotional impulse. If you didn't get in, don't chase shorts. Wait for the next confirmation signal and a more comfortable entry.

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