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Many people were still waiting for $IN to bounce back and repair, but the market first gave the answer with a selloff. The importance of this level is that the heavy pressure from the highs hasn’t been just one or two days—after repeated attempts fail to break through, the structure has clearly changed.
At the time, I was watching the consolidation around 0.09609. On the surface, there still seemed to be buy orders, but in reality, every rebound was pushed back down, indicating that the sell pressure above hadn’t eased. The real turning point came after it broke below a small key level—hesitant holders started exiting passively, and the price then moved lower to 0.04637. This short position currently has a profit of +2491.34%, and the price action has extended clearly.
The most comfortable thing in trading isn’t guessing the top, but waiting for the rhythm confirmation behind it. Now that the profit has been released, I’ll scale out on an 80/20 basis: I’ll take profit on the main position first, and use the remaining tail position with a protective level to try for a deeper move; I’ll reassess if the rebound doesn’t break.
If you missed it, don’t rush to chase. There’s always another opportunity—wait for the next spot with stronger certainty.
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