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This drop is interesting—first it sweeps the hesitation range, then it pushes the direction out. The move on $WLFI at the high looks like it could still run, but inside it already started loosening up. A lot of people were lured in by fake strength, and only later realized the rhythm had changed.
Earlier, I already noticed the suppression around 0.05769. The key wasn’t whether the price could touch higher, but whether it could hold after touching. The result was very clear: the rebound lacked strength, and the follow-through/holding was weak too—so shorts were placed according to the plan.
Now the market is pressing down at 0.05689, with unrealized PnL at +100.85%. The room for movement has opened up more smoothly than expected. A truly comfortable trade is one where, after entering, you don’t have to keep explaining—price will give the answer on its own.
Here I won’t go all-in and hold to the death. I’ll handle 80/20 first, and the rest I’ll watch using the protection level to see whether it continues releasing. If you haven’t entered, don’t chase shorts—chasing at the moment when emotions are at their hottest is miserable. Wait for the rebound, wait for a more comfortable spot.
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