This batch of short positions has been pretty comfortable. First, the result: from 0.46953 to now 0.02798, $SIREN short sellers have already realized a gain of +2306%, and the room for the market move has been released.

But this isn’t luck. When the price was stuck sideways at the higher level before, many people thought it was gathering momentum to push higher. I, on the other hand, focused on whether there was real buy-side support above. The key is right here: every time the price was pushed up, it got pushed back down, and the structure clearly changed.

Once the downside confirmation shows up, the chart no longer gives long positions much time to react. When panic selling comes out, the rate at which short profits are realized will speed up. The biggest fear in trading is seeing it drop and only then believing it—real timing often shows signs before the actual turning point.

If you have positions now, remember to protect your profits. You can take profit in batches—don’t hand back the upside you’ve already got. If you missed it, don’t be anxious. Don’t chase longs or chase shorts; wait for the next opportunity.

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