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When it just dropped like that, a lot of people were scared, but I think the rhythm was actually very clear. The repeated failed attempts to surge before $RAVE already indicate that the overhead chips are not willing to keep buying in.
Before the signal came out, I had been watching the changes— the key was around 0.4506. Even though the price looked like it was still being tossed around, in reality each rebound was getting more and more flimsy. After the wick, there was no quick reclaim. I wouldn’t stubbornly look for longs in a market like this. While most people hesitated, the shorts were slowly regaining control.
Now at 0.2559, the short position shows a profit of +1057.38%, and the room for volatility has opened more smoothly than expected. This isn’t about holding on with emotion—it’s about seeing pressure at the highs, seeing the pullback lack strength, and then putting positions into the trend.
If you have profits, don’t get carried away. Handle 80/20 first, then keep the rest with a protective level, so the gains have room to keep running. If you didn’t catch it, don’t chase the candlesticks—don’t chase the trade; wait for a more comfortable spot to act.
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