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After this knife came down, the momentum of $ASTEROID is already very clear: when the high level can’t hold, it simply can’t hold. Don’t get tricked by a short-term rebound.
I noticed this position earlier: when price pushed up above ASTEROID several times, it still didn’t break out into new space. Instead, every time it fell back, it dropped faster. Put simply, the rhythm has changed—bulls are pushing, but the price isn’t following. Bears only need to wait for confirmation. My short position moved from 0.0001670 to now; in the meantime, I didn’t mess with it because of small pullbacks. I’m watching for continuation after the high-level pressure breaks.
At the current price of 0.0000518, the return is +1359.42%. The room for volatility has opened; this drop is a relatively clean realization. In how to manage it now, don’t get too excited—taking profit with an 80/20 split in batches is steadier. Keep the remaining position with a protective level to prevent giving back too much profit.
It has already fallen far enough—chasing after this won’t feel good. If you missed it, don’t rush: don’t chase highs; wait for the next time a more certain, better setup appears.
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