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Just finished lunch and was checking the charts, when that high-level rebound suddenly lost steam on the screen. The originally noisy market suddenly became very quiet. A few days ago in the afternoon, I watched $SHIB and noticed that every time it rose, there was no volume behind it—when it pushed up, no one was there 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 SHIB to come under pressure again around 0.000005663. Seeing clear resistance overhead and continuous sell orders, I judged that the shorting window had already opened, and then I acted by going long.
Now the price has pulled back to 0.000004618, and the unrealized PnL shows +1309.35%. It was definitely grinding at first, but once it played out, this piece of profit tasted great.
Don’t get greedy for that last bite—take profits on 80% first, lock the remaining 20% with protection at your cost. If the market keeps dipping, let the profit run on its own; if there’s a sudden rebound, don’t hand the gains back to the market.
Being in cash isn’t a crime—messily opening positions is the mistake. Chasing trades can get you trapped at the top of the mountain. Missing this leg doesn’t matter; when a new structure forms, we’ll reassess, and I will notify you as soon as it happens.
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