The key high-level area I was watching finally delivered results today. This leg of $ESPORTS selling pressure isn’t unexpected—it was actually a setup that had been laid out on the chart long ago.



Before the signal came out, I’d already noticed changes. Around 0.04289, the price repeatedly tried to hold above, but each time it was pushed back down—the buy side clearly wasn’t willing to keep chasing. Back then, many people still thought it was just ranging; what I saw was that the structure had already loosened, and the crux was right here.

Now at 0.01474, my short position is up 1292.3% floating profit. With the volatility room opened, the move has extended clearly. In trading, the most comfortable thing isn’t catching a key level—it’s whether you dare to execute once the direction is confirmed. If the short side can push through from this area, it means the supply above is loosening. As long as any pullback doesn’t re-establish itself back into the key zone, there’s still value to keep observing.

For those with heavier positions, you can take profits in batches using an 80/20 split; keep the remaining position with a protective level to defend the gains. Don’t let a short-term rebound scare you out of your rhythm. If you missed it, don’t force a chase—don’t buy on the rebound. Wait for the next opportunity.

$BTC $ETH
ESPORTS16.63%
BTC-0.21%
ETH2.29%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned