This short position finally paid off. $BSB has been under pressure from the highs to now, and the pace is even more decisive than I expected.



The trade I was watching was a failed retracement around 0.56315. At the time, many people were still hoping it would keep pushing higher. What really caught my attention was that several pushes upward above it didn’t come with volume—when the price got pushed back down, the structure was already off.

After entering the short, I didn’t rush to look for results. The key was whether it could break down through the key level.

Now the price is at 0.12892, and the unrealized profit is already at +1517.95%. The market’s room to move has been released very clearly. Here I’m more inclined to handle it with an 80/20 approach first: take part of the main profits, and keep the rest with a protective level while still watching for further extension, so the profits you’ve got don’t get shaken out by back-and-forth moves.

This move isn’t about guessing—it’s trend-following after being pressured at the high. If you didn’t catch it, don’t chase the short, and don’t chase the order. Wait for the next more comfortable setup before acting.

$BTC $ETH
BSB1.24%
BTC-0.89%
ETH0.24%
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