The most interesting part about $KGEN this time is that it looks like it’s about to surge upward, but there’s actually nobody up top to take the bids. The short position moved from the opening price of 0.20275 to the current price of 0.16239, for a return of +958.64%—this segment is basically “calling out” the false strength and pushing it back down.

I wasn’t focused on how fast it dropped; it was more about how every bounce-back looked weak. Retail traders can easily chase orders at this kind of level, thinking that once it breaks it’s going to take off—only to get pushed right back down with a single bearish candle as soon as they’re on board.

I handled this trade with an 80/20 split: take some profit first, and then keep the rest guarded with a protection level. If you’ve been in crypto long enough, you’ll know the market loves to perform—so you can’t just run with your feelings. After the short side plays out and cashes in, first make sure you keep what you’ve already got, then see whether it gives any more room.

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