In this early-session selloff, I could see it clearly—this wasn’t sudden weakness; the issue was already showing earlier. MYX had been grinding at the high levels for a long time. When the price was near 0.1796, it still looked like it was ranging on the surface, but in reality the rebound strength was getting weaker wave by wave—the structure had clearly changed.

At the time, I was focused on whether the overhead resistance had been fully consumed. The result was that every time it tried to push up, it was pushed back down. Most people were still hesitating whether to chase longs; I was actually more willing to wait for the short side to confirm. Because at this kind of position, once the bid can’t hold, the pullback usually comes quickly.

Now $MYX has pushed to 0.0749, with the short position up +1146.74%, and the price action has extended clearly. I didn’t get greedy and hold all the way down. I handled it with an 80/20 approach: after the earlier profits were released, the remaining position stays with a protective level set, letting the market play out on its own. If I’m wrong, I won’t allow profits to retreat significantly.

You don’t need to fully take profit from every leg. If you can understand the rhythm, that’s enough. Here I’m not chasing the order, and I’m not chasing to add on. I’ll wait until the next opportunity appears.

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