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The high-level suppression that I had been watching paid off today as the answer. $NES fell from 0.2591 to 0.2355, and on the short side +179.34% has already been realized; the market looks weaker than many people expected.
The most critical part this time isn’t the drop itself, but that hesitation after the failed rebound. Every time the bulls try to push up, the volume can’t keep up; once the price drops, there’s nobody to support it, which shows the pace has already been taken over by the shorts. Changes were observed before the signal came out, so entering the position wasn’t an impulsive move.
Now that profits have been released, brothers with heavier positions, don’t be too greedy. Splitting 80/20 and handling it in batches will feel much better. Keep the remaining portion guarded with protection levels—don’t let the hard-earned gains ride up and down in the elevator.
The biggest fear in trading is being right but not able to close. If you miss it, don’t chase—don’t chase trades; wait for the next opportunity and redo it.
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