This short position finally paid off. $LYN came down from the high, and the rhythm was even cleaner than I expected. I opened at 0.05161, and now the price has dropped to 0.03503, with floating profit of +787.3%. This is not luck — the high-level resistance was too obvious earlier.



At the time, I wasn't focused on how much it had dropped, but on the fact that every rebound failed to hold. As soon as buying pressure chased in, it got crushed. The structure had clearly changed. Many were still waiting for it to keep pumping, but the chart gave the answer first — to put it bluntly, the bull chain had broken.

For this leg, I'll handle it with an 80% take-profit, 20% hold approach. Profits have already been realized, and the rest depends on whether there's further extension. I must keep trailing stops in place to avoid letting the gains get eaten by a pullback.

If you're not in yet, don't rush. Don't chase rebounds, and don't force short opportunities either. Wait for the next more comfortable entry point.

$BTC $ETH
LYN-1.20%
BTC3.43%
ETH2.58%
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