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This short-order buy was filled very directly. After $IN was under pressure at the high end, it finally got smashed down. Entry was at 0.09609; the current price is 0.04822, and +2399.62% is already right there. Holding firm without getting impatient before was the right move.
The clearest change in the order book at the time was that the rebound strength kept getting weaker. On the surface it was still holding sideways, but in reality the buying order wasn’t willing to push higher anymore. A lot of people only watch the price not breaking down; I care more about the speed of the pullback after each spike. The key is right here. Once the structure changes, trying to imagine you can force a strong rally becomes easy to get caught off guard.
This trade followed the plan to go long; now the profit has been realized. First, do it in an 80/20 staged process: take 80% first, and keep the remaining 20% to see whether it extends further. The protection level must keep up—profitable trades are most afraid of turning from active to passive, especially this kind of pullback after a sharp drop, which can easily throw off your judgment.
Now don’t get impulsive just because you see gains, and don’t miss it and then rush to chase. The shorts’ move has already been eaten—enough is enough. If you didn’t catch it, don’t chase; wait for the next time at a more comfortable position.
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