I was very patient with this short position today. Before $ASTEROID was pushed down from above, the chart had already shown issues. My entry was at 0.0001670; the current price is 0.0000549, and the return has reached +1318.16%. After the market’s room to move has opened up, the earlier waiting was worth it.

I had already been watching this level beforehand, but I didn’t act quickly—I was waiting for confirmation. The real change came after the bounce failed: the price stopped pushing higher and, instead, kept being broken through at key levels. Once this structure forms, you can’t just keep a bullish mindset and force it to work.

A lot of people lose money because they react too slowly—chasing when it rises, but then being unwilling to cut when it falls and the timing slips. Now the short profit is already fairly substantial. If you have a position, protect your gains first, partially take profit, and let the chart give you the answer for the rest.

This is not a good time to emotionally chase another short. If you miss it, you miss it—wait for the next time the bounce happens and look for a more comfortable level to enter.

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