$ZEC I chased a short at $1015, didn't get out at the $993 low, and now I'm standing here getting beaten at $1019.57. My account's unrealized loss is more expensive than the takeout I ordered last week.

Down 11.45% in 24 hours, with a high of 1199.91 and a low of 993.02, a 20% range, and 2.659 billion in trading volume—looking at these numbers, I reviewed where I went wrong. My entry logic was: it failed to break above the previous high near 1199 three times, and volume was shrinking, so I called it a double top and shorted at 1015, with a stop-loss at 1050. Then the market dropped to 993. I had $22 in unrealized profit but didn't take it, thinking it could reach 950. Instead, the rebound wiped out all my profits, and now the price is 1019.57. I'm still holding the position, and I haven't moved my stop-loss.

Two lessons: First, with a privacy coin like ZEC, a 20% intraday range is normal. A wick low like 993 is most likely a liquidity hunt. I should have set my take-profit at the round-number level of 1000 instead of dreaming about 950. Second, my position was too large—0.5x my account funds—so at 993 I was thinking “wait a little longer” instead of “lock in profits.” My suggested move now: don't chase a short or buy the dip at 1019. Wait for a bounce into the 1060-1080 range before considering a short, set a stop-loss at 1110, and cut the position size to 0.2x. If it breaks below 993, don't chase; wait for a retest of 1000 before entering. First take-profit target: 950; second: 900.

Is there really a problem with my “double top + declining volume” logic, or is this ZEC move just a shakeout? Anyone in the comments dare to share your ZEC cost basis so I can see who's worse off than me��� Follow me, and next time we get a wick like that 993 one, I'll warn you to get out in advance. #每周来晒 #Gate广场中秋团圆局