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This short position finally moved. $SKYAI came down from the high, and the market feedback was very direct.
This time, I’m not focused on how much it dropped—I’m watching what happens after the price keeps trying to push up but can’t: the support starts to thin out. The moment the rebound weakens, the shorts’ pace comes back. When entering around 0.21690, many people were still waiting for a pullback to keep pushing higher, but that doesn’t look right here—the price goes up and gets smashed back down every time.
Now at 0.03462, the position return is +2060.44%, and the available room in the setup has been released pretty decisively. Plainly put, at this kind of level you’re not betting on guts—you’re betting on whether you can spot structural changes while most people are hesitating.
For brothers who have a position, I think splitting it and handling it in an 80/20 batch is more comfortable. Take some of the profits off the table first, then keep the rest with a protected level and continue watching for further extension. Don’t let a wave of profit mess up your rhythm—seeing profits retrace too much is really bad for your mindset.
If you didn’t get on board, don’t force the chase. Don’t chase longs, and don’t chase shorts—wait for the next time a more comfortable spot shows up.
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