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This dump is crucial. It’s not a normal pullback—it’s the fulfillment after heavy pressure at the high. $SHIB It kept pushing up repeatedly before, and from the surface it looked quite solid, but what I was watching was the reaction after each spike: when it went up, nobody stepped in, but the pullback was fast. That shows the bulls were just propping it up—the real strength didn’t follow through.
I’d already been paying attention to this level earlier. Once SHIB can’t get back above the key level, the shorts have a chance to take over the pace. So I executed a long around 0.000005663. The point wasn’t to chase the dip, but to wait for confirmation that it can’t push any further before acting. The hesitation many people have is exactly the spot where I’m willing to enter.
Now the current price is 0.000004134, and the profit shows +1915.78%. The move has extended clearly. The biggest risk with trades like this isn’t missing out on gains—it’s messing around and stubbornly holding through a relief bounce after you’re in profit. My approach will lean toward taking some profits first, and then using a protection level to follow the chart.
If you didn’t catch it, don’t chase. The shorts’ comfortable setup has already run for a bit. Don’t pursue—wait for the next opportunity.
$BTC $ETH