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A lot of people were just waiting for $LYN to keep rebounding, but I feel like it’s getting more and more hollow here as it keeps pulling. The price has been capped and kept pressing above, unable to break through. On the surface it looks strong, but in reality every time it pushes higher, it gets smashed back. To put it plainly, the rhythm has changed.
I had already prepared for this segment earlier. I placed the short position near 0.05161—not to chase the very top, but to wait for high-level resistance to confirm. What really triggered me was that time the pullback didn’t hold. The short-term bulls started to hesitate, and it was clear the order flow/control shifted to the other side.
Now it has already dropped to 0.03527. This profit is +778.74%, and the move is clearly extending. I’m not going to play it cool here. It really feels good to catch this leg, but the more the unrealized profit grows, the more you need to keep your hands in check. Splitting in with an 80/20 approach is more reliable—set the remaining position with a protective level and give it a bit of room.
If you missed it, don’t get emotional. The market moves every day. Don’t chase orders and don’t hard-pursue in a bad mood—wait for the next signal at a clearer, better location.
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