This short position finally got played out. The moment $MYX was pressed down from the high, I knew this move wasn’t just a normal pullback.

When it opened at 0.1005, what really caught my attention was that it kept trying—and kept failing—to push higher. Volume made it look lively on the surface, but the price simply wouldn’t keep pushing up. A lot of people were still waiting for a breakout, but the order book was already starting to show exhaustion. Something wasn’t right.

Now the price has reached 0.0809. The short position is up +384%, and the market space has been released very decisively. What I was watching wasn’t just one bearish candle—it was the continuous failure after the high was under pressure. The louder people were calling for it, the easier it was for the move to get flipped and smashed back down.

For this trade, I’ll handle it using an 80/20 approach: first lock in most of the profit, and keep a small portion to see whether the price action clearly continues to extend. The protection level also needs to be kept up, so I don’t let too much of the profit get given back.

If you didn’t catch it, don’t force the chase. If you missed it, you missed it—don’t chase the order. Wait for the next opportunity; it’ll be more comfortable that way.

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