Many people were still chanting “a rebound” a moment ago, but $ESPORTS directly put in a downward confirmation candle. This kind of chart action most easily kicks hesitant traders out of the market. My short isn’t a temporary impulse—I’m looking specifically for the failed rebound after pressure in the high range.

After entering on ESPORTS from 0.04289, the most critical point is that the price keeps failing to break back up, while volume begins to shrink instead. This suggests that the buy orders above aren’t that strong. This is already off—especially after a false breakout quickly fell back. Basically, it’s a confirmation signal for the shorts.

Now the chart has moved to 0.01591. Unrealized PnL shows +1238.13%. Once the room for volatility opens up, the downside pace is more direct than expected. Some people see the sharp drop and want to chase—actually, the most comfortable spot was already offered earlier.

I’ll first split the position 80/20—main profits first, keep the tail position to see if we can continue expanding profit, and move the protection level down accordingly. Don’t rush if you missed it. Don’t chase entries, and don’t chase lower prices either—wait for a more comfortable spot before acting.

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