Just finished watching the bearish news hit, and many people are still waiting for a rebound; over here, I already can smell the shorts. When the price kept whipping around during the session, $MON looked lively on the surface, but every time it pulled back from a high it quickly went soft again—there wasn’t even any continuous follow-through from the buy side.

I observed on MON that the overhead resistance wasn’t being effectively absorbed. The price kept probing back and forth around 0.02670, while the trading volume grew thinner and thinner. So at the time, what I didn’t suggest was chasing the rally; instead it was to wait for the rebound to finish before going long. This isn’t random guessing based on vibes—I saw the details of how the market couldn’t find takers after pushing higher.

Now 0.02308 has already made the direction clear. The short position has been realized for +652.92%, and I nailed the timing. Take profit on 80% first, and keep the remaining 20% as cost protection—if it keeps weakening, let it run on its own. If there’s a sudden bounce-back, don’t let the profits turn back into a key level again.

Risk control comes first—that’s called rationality; cutting losses after you’re already in the red—that’s called a bold slash. Take profit first, and your mindset stays steady.

It’s not the time to rush in now. Miss this wave and just wait for the next shot—once a new structure forms, then we’ll look again.

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