Just after seeing the bearish news, many people’s first reaction was to wait for a rebound. But I found that the chart couldn’t even organize a decent counter-move. $PENGU This drop is truly decisive because there’s simply no sustained follow-through up above. 📉

While everyone is still watching, I saw from PENGU’s performance that each spike is weaker than the last: selling pressure keeps increasing, and whenever price bumps into the upper area, it gets pushed back down. Once I had it figured out clearly, I chose to go long around 0.008192, not letting myself get shaken around by fake strength.

The current price shows 0.006235, and the short position’s ROI is recorded at +1695.06%. There’s nothing fancy here—I’m waiting for the continuation/support to show weakness, and what I’m taking is the planned pullback materialization. If you nail the rhythm, it feels great.

First, pull back 80% of the position, and leave the remaining 20% for any possible continuation. At the same time, move the protection level to around your cost basis. If it keeps dipping, follow along; if there’s a sudden rebound, first protect the results—don’t be greedy for the last bite.

Risk control done upfront is called rationality. If you cut after you’re already wrong, that’s called making the hard cut like a warrior severing his arm. This isn’t the time to chase shorts. There will be opportunities later—once the new structure forms, we’ll take another look.

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