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This empty order finally paid off. After $SIREN was ground down from the high, the most uncomfortable part wasn’t the drop—it was that stretch of fake strength right before the decline. A lot of people are still waiting for a breakout; what I was watching was the volume fading after the rejection and the pressure.
The short was opened around 0.46953. During the process, the rebound it gave was really aggressive, but what truly made me pay attention was that the rebound couldn’t break above the previous high. And at the key level, price was still being pushed down—something was off. Now the price has reached 0.0268, with profit up +2312.26%, and the trading opportunity/room shown by the chart has been released pretty decisively.
This kind of trade isn’t about shouting a direction—it’s about position and patience. After the high-level pressure, the more urgent the people chasing longs get, the smoother the short side extension ends up being. For brothers with larger positions, you can deal with most of it with an 80/20 first, then keep the rest with a protective level to watch for continuation—don’t let the profits you’ve got get eaten back by a single sharp rebound.
If you didn’t get on board, don’t rush. After the drop, you definitely can’t chase randomly. Don’t chase the rebound—wait until the next time there’s a more comfortable position to move.
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