For this trade, I want to be straightforward: $MYX didn't become weak because it fell—it was already weak when it couldn't hold at the highs. Many people only look at surface volatility and get excited about a pump, but the key on the chart is whether anyone continues to buy after the pump.

At the time, I focused on the resistance near 0.1975. The price tried several times but couldn't reopen the space above, and instead lows kept getting pushed lower—something was clearly off. The reason I held the short is simple: the direction was not broken, the bounces lacked strength, so the weakness continued.

Price has now hit 0.0755, with gains of +1216.28% and the trend clearly extending. At this stage, I won't blindly add positions. The priority for profitable positions is to protect profits. Handling them in 80/20 batches is more prudent—first take partial profit on the main position, then let the remaining portion ride with a trailing stop and let the market provide the next answer.

Profiting from this kind of decline relies on identifying key levels in advance, not on shouting after the fact. If you missed it, don't rush, and don't chase the short. Wait for the next more comfortable entry.

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