This short position finally paid off. The $ADA being under pressure at higher levels is not something that only appeared today. In the previous bounces, it also failed to hold. What I was watching then was whether the sell pressure above had been absorbed—and the result was obvious: it couldn’t be eaten.

Going long around 0.2438 wasn’t out of impulse; the structure was already off. A lot of people were still waiting for it to keep pulling up, but what really caught my attention was that the strength of the bounce was getting weaker and weaker—volume couldn’t keep up, and yet the price still wouldn’t get back into the key zone.

Now the price is at 0.1649, and my unrealized profit is already +2296.3%. The range in this move has been released pretty decisively. For brothers with heavy positions, I’ll likely handle it with an 80/20 approach: most of the profits get taken first, and the remaining small portion will continue with a protection level while looking for further extension.

This drop isn’t just about one candle. The rhythm has changed. If you didn’t get in, don’t rush—don’t chase longs on the next bounce. Wait for the next more comfortable position to move.

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