Speaking plainly about the position, this short is currently moving very cleanly.

After $RAVE entered from 0.5888, I’ve kept watching how strong the pullback is. I already noticed this level earlier: every time price spiked higher, it couldn’t follow through. Many people see it as ranging—I’m seeing the main force consuming patience at the high end, waiting for the buy-side to loosen.

Now the price is pushed down to 0.253, with a profit of +1397.67%. This leg of the move is clearly extending. The short can be held—not by stubbornly refusing to exit, but because every rebound fails to break the original downward rhythm.

Next, I don’t want to give the profit back. I’ll take action in batches using an 80/20 split: keep 80% to manage with profit-taking, and use the remaining position, locked with a protective level, to hold the initiative. If it stays weak, let it run; if the pullback turns strong, don’t get stuck fighting it.

If you didn’t enter, don’t get impulsive. After a sharp sell-off, chasing in can easily get you washed out. Don’t chase—wait for the next time it offers a more comfortable entry point.

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