With this move of $IDOL , all the earlier fake strength has been pierced through. A lot of people are still waiting for a range-bound consolidation at the high before making a push; what I focused on back then was that the rebound height kept getting lower—this already didn’t look right.

The short position was opened at 0.024361. Before entering, it wasn’t complicated: I was watching high-level resistance holding, no strength on the pullback, and the short-term buy pressure not keeping up. By the time the signal came out, I’d already observed the changes—so when the actual breakdown happened, I didn’t hesitate and executed directly according to plan.

Now the price is at 0.014585, and the PnL shows +785.78%; the market’s room has been released very smoothly. The most real part of the order book is this: once the strong move can’t hold, the positions that originally chased in turn into fuel for the drop.

I’ll manage this trade with an 80/20 approach: first take the bulk of the profits, then give the remaining position a bit of room, but the protective level must be set correctly. Short profits aren’t better the longer you hold—if it’s time to take profit, take profit. Miss it, then miss it. Don’t chase trades and don’t chase shorts either—wait for a more comfortable level.

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