Just finished lunch and was checking the market when the high-level rebound in the screen suddenly lost momentum. The originally noisy chart instantly became very quiet. A few days ago, I watched $SLX in the afternoon and found that every time it surged there was no volume; when it jumped up, nobody stepped in to buy. The higher it went, the more it felt like it was draining the longs’ patience.



I didn’t chase the rebound. Instead, I waited for SLX to come under pressure again near 0.21150. Seeing clear overhead resistance and continuous sell orders, I determined the short-term window had opened, so I then took the long.

Now the price has fallen back to 0.1122, and the unrealized PnL shows +924.44%. It was definitely grinding before, but once it played out, that piece of meat was comfortable to take.

Don’t get greedy for the last bite. First close 80% to lock in gains, and keep the remaining 20% protected at your cost basis. If the market keeps dipping, let the profit extend on its own; if it suddenly rebounds upward, you still can’t hand the profits back to the market.

Being in cash isn’t a crime—opening positions randomly is the mistake. Chasing trades makes it easy to get stuck at the top of the mountain. Missing this leg isn’t a big deal; once a new structure forms, I’ll check again and I’ll give a prompt immediately.

$BTC $ETH
SLX-7.18%
BTC0.84%
ETH2.30%
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