That suppression I was watching finally gave a response today. $BILL hasn’t suddenly weakened—it has had problems for a long time: each rebound is shorter than the last, after the upside no one is there to take over. The chart still looks firm, but inside it has already started to loosen.

Back then, what I was watching was BILL’s reaction around 0.14088. The price tried several times to get back up, but it failed every time—the key is right here. A lot of people are still waiting for a second push higher, but what I’m seeing is a broken layer of support. Once the downside is breached, the shorts will take over the pace accordingly.

Now the current price is 0.02892. The profit on this short position has run to +1564.79%. After the room for volatility opened up, profits are being released faster than expected. I won’t get too greedy here. I’ll first protect the profits that should be taken, and let the remaining position follow with the protective level, to prevent an upside retrace after a sudden drop from swallowing the gains.

Don’t slap your own legs if you missed it. Chasing a short feels bad—wait for a more comfortable spot to move.

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