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This empty order finally got filled. The market move was very straightforward; it wasn’t the kind of drop that you can talk your way through or stubbornly hold onto.
Before that, $RAVE couldn’t keep surging at the high level over and over. I wasn’t focusing on whether it could still rally—I was watching that the buy-side support above had already started to look thin. What truly caught my attention was that every time it bounced back, there wasn’t fresh capital to push further. The price dropped from 0.4506 to 0.2421 now, and the short position is already up +1133.57%. The market’s downside space was released very decisively.
Back then, many people were still waiting for a breakout, but the more they waited, the more passive they became. To put it simply, the rhythm changed. After the high-level pressure, if the pullback isn’t strong, it gives shorts more room to keep pressing.
Right now, I’m more inclined toward an 80/20 approach for staged handling: take the majority of the profits first, and use the remaining small position—with a protection level—to see whether the move can extend further. Once profits are realized, what I fear most is greed. Protecting gains is more important than fantasizing about more.
If you didn’t get in, don’t rush. Don’t chase shorts and don’t chase orders—wait for the next opportunity, and move only when you get a more comfortable entry.
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