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That first push up—watching it, I could tell something wasn’t right. A lot of people were watching the red side on the display, excited, thinking $POL could keep pushing higher, but I was focused on what happened after resistance took hold. It couldn’t push through, couldn’t stay firm, and once it started to pull back, it fell quickly. That kind of pace doesn’t feel strong—it looks like the main players were gradually distributing their positions overhead.
The real shift came when POL approached 0.08969. The price still seemed to be holding up, but the order book looked increasingly thin; buy pressure wasn’t continuing to press, and the rebound highs were narrowing. In plain terms, the rhythm changed. Earlier it was still probing the longs’ confidence, but once it breaks down, it’s easy to slide into a trend continuation lower.
This leg drove it down to 0.08051, and the short positions’ unrealized profit was already up +727.03%, with the move extending clearly. I’m not going to get greedy and let it run out of control here. I’ll use an 80/20 approach to take care of part of it first, and the rest depends on whether the protective level can keep holding. If you’re not in the trade yet, don’t rush—don’t chase at this point. It’s better to wait for a more comfortable spot to act.
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