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That sell-off just now was crucial. It wasn’t a normal pullback—it was the payoff after pressure at a high level. $POL Before that, price repeatedly kept pressing higher, and on the surface it looked fairly firm, but what I was watching was the response after each spike: when it rose, nobody was there to pick it up, but when it pulled back, it did so quickly—showing the bulls were only propping it up, and the real strength hadn’t followed through.
I’d already been watching this area earlier. Once POL can’t re-establish itself above the key level, the shorts get a chance to take over the pace. So I went long around 0.08969. The point wasn’t to chase the dip; it was to wait for confirmation that it can’t push any higher before taking action. The hesitation point for many people is exactly where I’m willing to enter.
Now the current price is 0.08259, and the profit shows +567.23%. The trend extension is clear. With this kind of position, the biggest fear isn’t making too little—it’s after you’re in profit, still fighting and stubbornly holding on during a rebound. My approach is to take some profit off the table first, and then keep the rest following the price action using protective levels.
Don’t chase if you missed it. The shorts’ comfortable zone has already moved along for a while. Don’t pursue—just wait for the next opportunity.
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