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This round of $SIREN shorts taking profit: the most obvious signal isn’t a big bearish candle, but the inability to push through at high levels—repeated attempts that just won’t break. Back then, many people were still waiting for another continuation breakout. What I saw was that the key resistance above kept getting heavier, and as the price ground on, it became increasingly weak.
The level 0.46953 gave a very clear hint: it couldn’t hold up there and kept rolling over. That suggests the bulls have started to struggle. Things already feel off. I didn’t wait until the market fully crashed before reacting; I handled it according to the downside rhythm after pressure built up.
Now 0.02678 is right here. The return is +2312.21%. Once the room to move opened up, the short-sell logic completed a large portion of its verification. The biggest fear in trading is seeing profit and wanting to swallow it all in one go—only for a retracement to disrupt your timing.
So on my side, I’m applying an 80/20 approach: first lock in most of the gains, and keep the remaining position with protective levels to continue observing. If the market gives opportunities, I take them; if it doesn’t, I exit. If you missed it, don’t chase shorts, and don’t chase entries—wait for the next opportunity to show up.
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