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Many people are still hesitating, but this $NES up-move has already answered the question.
I entered this long at 0.2593, and the current price has reached 0.2667, for a return of +56.23%. What really got my attention wasn’t the sudden pump, but the fact that during the earlier pullback, the support kept holding. Sellers had real force when they tried to smash the market, but the price didn’t continue to break down and lose control. This kind of order-book behavior shows that the sellers are starting to lose their ability to push further.
I’d already been paying attention to this area. Before the signal appeared, I only observed; I added position only after a breakout confirmation. In plain terms, the rhythm has changed. Previously it was a rebound getting suppressed; now it’s a pullback with buyers stepping in. The trading logic is completely different.
Right now, the market’s upside room is being released fairly smoothly. In the short term, I can’t rule out further extension, but profits can’t be ignored. If you have a position, you may consider taking profit in batches with a 70/30 split; for the remaining position, use a protective stop with a follow-through (trailing) to prevent large retracements of your gains.
Don’t force a chase trade if you missed it. The market isn’t short of opportunities—wait for the next spot with stronger certainty.
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