Many people were still waiting for a rebound just now, but what I’m seeing is that the high level can no longer hold.

The most obvious issue with $MON ’s recent price action is that every time it’s pushed up, it lacks follow-through—instead, it gets weaker the more it’s pushed. What really caught my attention is the pressure reaction around 0.02476: the price didn’t continue moving higher; instead, it started to drop quickly. The structure here has clearly changed.

After entering a short position, I didn’t rush into any random moves—I was waiting for the space below to be released. Now the price is at 0.02287, and the unrealized position profit is +369.54%. The profit from this leg down has been taken pretty cleanly. Many people can understand it—they just always want to wait until it’s even more certain. By the time it becomes certain, the position is already uncomfortable.

Now that there’s profit, you need to protect it. First close part of it, and keep the rest with a break-even stop-loss to see whether the trend continues. If you miss it, don’t slap your thigh—don’t chase the trade; wait for the next opportunity.

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