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This sell-off just now provided the answer. The pressure near the highs before wasn’t just intimidation—it was real selling/offloading by someone.
$PROS is holding sideways in that band above. I’ve always felt something was off: the price didn’t look like it dropped, but the rebound strength has been weaker every time. A lot of people are still hesitating about whether to chase more longs—this is the key point: the market has started moving against expectations. After going short around 0.7292, I was waiting for this leg to confirm it.
It’s now around 0.4084. The unrealized position profit shows +866.22%, and the price action has extended clearly. With trades like this, the biggest risk isn’t that you can’t hold—it’s getting shaken out halfway through.
Now the profit has already been released. If you’re holding a heavy position, you can take part off first, and keep a smaller position to see whether there’s more room for the price to get pushed lower. Don’t place your protection level carelessly. If you missed it, don’t force a chase—don’t chase the trade; wait for a more comfortable spot before making a move.
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