I held this short position very clearly. After $IRYS faced pressure at high levels, the most important thing is not how much it dropped, but that each rebound is getting weaker. Many are still fantasizing about a pullback, but the chart is already shifting its rhythm.

I chose to enter near 0.04832. The reason is simple: selling pressure appeared consecutively above, and once the downside is broken through, holders will start to run. The outcome validated the judgment. The price has now come to 0.01416, ROE has reached +1391.98%. This leg of the move has released smoothly.

The key point here is that the short side did not emerge suddenly; the direction was confirmed only after repeated probing. In such a position, you must not be fooled out by short-term rebounds, nor ignore risk entirely just because profits have expanded.

I will handle it with 80% take-profit and 20% holding for the trend, moving the stop-loss down accordingly, prioritizing locking in profits. If you missed it, don't rush. The market offers opportunities every day. Don't chase trades; wait for the next position with stronger confirmation.

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