Don’t underestimate this pullback. When $TRB started weakening from its highs, the chart had already given many hints, but most people were still watching the prior strong run.

The core I’m watching isn’t how much it dropped, but the change in follow-through after a failed rebound around 16.26. Once it can’t be caught there, shorts are more likely to keep pushing down along with the momentum. Now at 15.59, this short position is up +292.37%, and the market’s room has been released very clearly.

In plain terms, this isn’t a sudden selloff—funds withdrew first, then price reacted. Many people saw the first leg of decline and still wanted to buy the bounce, but the structure has clearly changed. The weaker the rebound, the easier it is for the subsequent downward pressure to continue.

If you’re holding a short, your profit is already quite substantial. You can handle 80/20 first, and then let the rest trail with a protective level—don’t let gains turn into a key level. If you haven’t entered, don’t chase the low; be patient and wait for the rebound to confirm, then wait for the next opportunity.

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