When I thought this round was completely hopeless, the market instead gave the shorts a clear exit. It looked lively at first, but once it really started moving, I realized the bidding/support had already weakened.

A few days ago during the afternoon session, it kept whipsawing. Every time $KAS tried to push higher, it was just short of breaking through. The rebound didn’t have follow-through, and trading volume was light. The overhead resistance felt like a lid that hadn’t budged at all. I was watching how $KAS was behaving, and I judged that this wasn’t a comfortable spot to chase. Waiting for it to pull back and confirm again before shorting would be more suitable.

The short position was executed around 0.03380, at which point I went long. The current price is now 0.02779. This leg’s review is +1261.66%—it wasn’t for nothing, and the results naturally speak for themselves.

First, close 80% of the position, and keep the remaining 20% under observation. Move the protective stop up to around the cost basis. Take the bulk off first; if it keeps falling, let the profits run. If it bounces back, it won’t end up hurting the portion that’s already been locked in.

Panic happens because there was no plan. Loss happens because you overthink. Chasing in now makes it easy to get pinned by a rebound, and missing this leg is fine. When the next round of a new structure appears, I’ll alert you immediately.

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