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Is this really a rebound? This is cardiopulmonary resuscitation for my short account. A few days ago before bed, I was still hesitating. This morning when I checked the chart, $RENDER has already turned the key level at the highs into a continuous pullback.
Back then, I saw that the surge had no volume, and the sell orders kept pressing down layer by layer. I judged that there wasn’t enough support, so I casually suggested a short idea and set the reference entry price at 2.0071. It wasn’t about guessing the exact key level—it was about waiting for it to burn through the rebound’s momentum.
Now the price has come to 1.4881, and this short position finally gives me an answer. I’ll record the current return as +1245.27%. All that grinding, torturous consolidation before wasn’t in vain—once the rhythm was right, it felt great.
First, take the biggest chunk off the table: handle 80% of the position first. Move the remaining 20%’s protection level to around the cost basis. If it keeps dumping further, let the profits run. And if it bounces back, don’t spit out the space you already locked in.
Being in a no-position state isn’t a crime; opening positions randomly is the mistake. Friends who haven’t gotten in yet, don’t chase during this sharp sell-off. Wait for the next round with a clearer structure. When new signals come out, then act—there’s still opportunity. Don’t be in a hurry.
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