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Know the downside direction! $BREV Short position gains massive profit
A short position was established at the 0.1021 high. The market continued to fall to 0.0743, securing a 1311.25% return. The forecast on the price action was successfully realized.
As the price keeps dropping and gradually approaches a support zone, the short-side momentum continues to fade. There is a possibility of a rebound after a bottoming out in the short term.
Rationally avoid tail-risk selloff scenarios. Exit in batches to lock in profits, do not add to short positions impulsively, and wait patiently for the next round of high-quality setup opportunities.
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