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Today, this $RAVE short position move is basically a lesson for everyone who was hesitating earlier. Trading sideways at a high level and not falling doesn’t mean it can keep charging higher—many times it’s just consumption ahead of a sell-off.
The key I was watching at the time was the pressure reaction around 0.4506. When the price pushed up, there wasn’t sustained buying pressure, but the pullback became more and more decisive—these details are more useful than simply calling a direction. Put simply, the rhythm changed. If you keep insisting on being bullish while the tape teaches you the opposite, you’re likely to get educated by the order book.
Now the price is at 0.2567, and the short position is up +1055.21%, with the move clearly extending. This result isn’t luck—before the signals came out, the changes had already been observed; it just required waiting for the market to validate it.
For those who are currently in a position, you can first hold onto 80% of the profit, and use the remaining 20% with a protective level to keep watching. Don’t turn a single great trade into an emotional one. After you’re in profit, the most important thing is execution, not fantasizing about eating the entire move.
For friends who missed it, don’t chase the short, and don’t rush to add more. The market won’t only give opportunities once—don’t chase, and wait for the next chance.
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