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This short trade feels really comfortable. $PEPE has been struggling to hold its ground at the high end for a long time. In that moment when the real turn happened, many details had already been showing up during the move.
I opened the short around 0.000003774. I didn’t chase after seeing it fall; it was that, during the rebound phase, the follow-through became weaker and weaker. Every time, sell pressure would push the price back down. Now the price is at 0.000002772, and the return is already at +1883.87%, with the trend extending clearly.
The easiest spot to get shaken out is this kind of position. After it pumps just a bit, many people think it’s about to keep surging—then it turns around and gets smashed. In plain terms, what the main players want is liquidity, not letting everyone get on board feeling good. Profits have already been released. Handling it in an 80/20 split in batches is relatively steady; the remaining position—along with a protective stop—will decide whether to probe further downside.
If you didn’t take part, don’t chase the order—wait for the next opportunity to show up.
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