This long position finally paid off. $ALLO moved very decisively from opening to now. Entry price: 0.24131; current price: 0.36113; current profit: +1218.5%. This move wasn’t luck—it was already hinted by the structure earlier.

Back then, I wasn’t watching for a single bullish candle. What I cared about was the pullback that didn’t break, key levels rising higher, and shorts being unable to smash through. A lot of people were still waiting for even lower prices, but the market reacted first. The key is right here— the structure clearly changed, and capital started pushing higher along the top.

Now that the profit has already been realized, those with heavier positions can follow a 70/30 approach to handle part of it first, and keep the rest with a protective level to watch for further extension. Don’t get carried away just because you’re in profit, and don’t think about chasing only because it’s gone up. Perpetual contracts are most afraid of emotion-fueled follow-through.

With this trade, I only do two things from here: protect the profits and observe the follow-through. If you’re not in the car, don’t rush—don’t chase the trade, and wait for the next time at a more comfortable level.

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