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That sell-off just now wasn’t most obvious in terms of the drop rate; it was more that the rebound couldn’t hold at all. $BSB spent so long grinding in the high range—many people thought it was building up power, but what I saw was that the support was getting thinner and thinner.
What really made me take action was the pullback around 0.56315. The price gave an upside push, but it didn’t continue. After that, the sell orders started to press down very tightly. Something was already off here—especially with short-term longs still stubbornly waiting for a reversal back up, the chart had already weakened ahead of them.
Now the price is at 0.14334. Short-sell profits are +1467.81%. This leg of the move extends clearly. After taking profit, rhythm matters more. I’ll handle the bulk first on my side; the remaining position comes with a protective level, and I’ll see whether there’s still room below for further release.
You don’t have to take every trade all the way to the end. Getting what you need to get is enough. Chasing a short from this level no longer has such a comfortable cost-performance ratio. If you miss it, you miss it—don’t short the dip; wait for the next time the structure gives an opportunity again.
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