This short position finally paid off. The hard撑 feeling around the high level of $EDEN has made me feel something was off for a long time. A lot of people were still watching whether the rebound could keep going. What I focused on back then was that after the price met resistance above, the buy pressure couldn’t keep up. The price fell from 0.05794 to 0.04353, and the short’s profit is already up to +490.03%.

The key is right here: it’s not that it dropped and then I decided to short—it’s that the price repeatedly failed to break through at the high level, while the pullback became increasingly decisive. The structure clearly changed. I’d already noticed this area earlier; what really made me take action was that after the breakdown there was no quick recovery, which shows the bulls’ defense line is starting to loosen.

Now this trade won’t be greedy. In all likelihood, I’ll take profit first with 80%, and use the remaining 20% with a protective level to continue watching for further extension. The profits have already been released. The worst scenario isn’t making a little less, but giving back the rhythm once you’ve got it. If you didn’t catch it, don’t rush—don’t chase longs on a rebound, don’t chase shorts if you missed, and wait for the next opportunity.

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