This short position finally cashed in. The moment $IDOL was pushed down from the high, the chart’s “feel” became very obvious.

This time, I was watching the strength of the rebound after pressure built up above $IDOL. When the opportunity came around 0.024361, I didn’t chase longs—instead, I focused more on the weakening of the buy orders overhead. A lot of people at the time thought it was just a normal pullback, but what truly caught my attention was that each rebound was weaker than the last, and the shorts started to take over the rhythm.

Now the price is at 0.015454. This short position’s profit is already up +718.86%, and the market’s room has been released pretty decisively. For brothers with larger positions, you can consider handling it in batches with an 80/20 split here: lock in most of the profits first, and keep the remaining smaller position with a protection level to watch for further extension.

To put it plainly, this sell-off wasn’t sudden—it was the signal given earlier when the price at the top kept trying and failing to break through upward. If you missed it, don’t worry. Don’t chase the drop and don’t chase short entries—wait for the next more comfortable level.

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