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That burst of acceleration just now basically shook out everyone who was hesitating during the session. $BSB It wasn’t that there were no signals beforehand—it's just that many people only watched the red line, assuming it could keep pushing higher.
What really got my attention was that after BSB bounced to around a key level, it never managed to cleanly hold steady. After a small pull, it gave it back—this shows the sell pressure above has been persistent. I’d already been watching this spot; I just waited for it to break down and confirm that the short-term support was failing.
I went short around 0.66066. The core wasn’t to bet on direction, but to see that after it rejected at the highs, the funds weren’t willing to step in. Now the price has moved to 0.14965—profit +1523.3%. With the room for volatility opened up, this kind of profit-taking feels much more comfortable than hard-guessing.
Now I don’t want to give back the profits. I’ll handle 80/20 first, and use the remaining position with the protective level. If it keeps weakening, then let it run on its own; if the rebound is too rushed, I won’t linger. If you miss it, don’t chase the low—wait for a more comfortable level.
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