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Just after I finished reading the bearish news, the market was still pretending to stay calm on the surface—then, in the blink of an eye, it started leaking downward. This time, $MON didn’t continue the act either. The sell walls sitting above finally showed their true face.
When price kept whipping around during the session, I noticed it still couldn’t hold above a certain zone. Each time it tried to pump, it lacked follow-through. The rebound strength was weaker with every round. Seeing this kind of weak support—nobody stepping in to buy after it went up—I told myself not to rush into going long. After the failed spike, I opened longs around 0.02670.
Now 0.02083 has already produced results. The short position’s ROI is +1058.75%—the timing was spot on. First, close 80% to lock in the main gains. The remaining 20% stays under observation. I moved the protective level up to near break-even; if it keeps dipping further, profits can extend. If there’s a sudden rebound, it won’t hand back the advantage.
Risk control done upfront is called rationality. Cutting losses only after they happen is called a dramatic “break the wrist.”
Don’t get greedy for the last bite—what you can truly take away is what belongs to you.
Chasing orders can get you stuck at the top of the hill. If you didn’t catch up, don’t force your way in—wait for a new structure to form. I’ll give the next wave of signals as soon as it’s clear.
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