This short position finally produced results. $LAB has been pressured down from the highs, and the price action was very straightforward. My short entry was at 4.25647; now the price has reached 0.74725. Current profit is +1622.94%. This move isn’t luck—it’s because the earlier pressure at the high point was too obvious.

At the start, many people were still waiting for a pullback to buy back long. What really caught my attention was that each rebound was weaker than the last. Orders resting above couldn’t get filled, and there wasn’t enough momentum to push the price higher through continued trades. Something was off here—the structure had clearly changed.

What I was watching back then was the breakdown action after the high had been held sideways. As long as it breaks down and doesn’t quickly reclaim, the shorts have room to keep releasing downside pressure. Now that the market has opened up that downside space, brothers holding positions can handle it in batches with an 80/20 approach: lock in most of the profits first, and keep the remaining small position with a protection level to watch for further extension.

Put simply, the rhythm has changed. Don’t let yourself get washed out by a pullback after you’re already in profit. If you haven’t entered, don’t chase a short—also don’t chase your current order; wait for the next, more comfortable entry.

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