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This time, it’s not about prematurely guessing the key level. Instead, it’s shorting only after the higher range truly can’t hold up anymore. The price kept climbing earlier and it looks pretty bullish, but every time it spikes higher, it leaves a clear pullback. The market is starting to show that nobody wants to keep passing the baton. I’d rather miss that first leg than chase orders amid all the commotion.
After price showed pressure around 0.05769, that’s when I confirmed the short move. I didn’t expect that right after opening the position, I’d get pushed up by a rebound. Those candles with wild swings make it easy to panic—especially when you get tagged by a wick right after you’ve just jumped in. But later, the rebound never managed to break above the previous high. Selling pressure gradually took the upper hand, and the price ultimately came to 0.05564, which resulted in +252.13%.
What hit me most with this trade is this: missing the start isn’t the scary part. The real trouble is when you get emotionally carried away and hard-chase. Wait for the chart to reveal weakness on its own, then step in with the rhythm. You may miss a slice of profit, but you can avoid a lot of unnecessary torment. After the short thesis played out, I became more confident in this direction—not because it dropped and I decided to go bearish, but because the earlier problem at the high levels where there was no follow-through still hasn’t disappeared.
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