This drop didn't happen all of a sudden — the fuse had been lit long ago. $ASTEROID repeatedly spiked up then pulled back from highs, looking like it was still in a tug-of-war, but in reality the bulls were running out of steam. What really caught my attention was that each rebound made a lower high.



I started opening short positions around 0.0001670 — the signal there was very clear: volume drying up on the way up, quick retracement. Now the price has dropped to 0.0000546, with a gain of +1,325.23%. The range has expanded, and the bears have seized back control.

A lot of people thought it was just shaking out shorts, but one bearish candle later they realized the direction was wrong. The worst thing in trading is stubbornly holding on based on gut feeling — if you're at the wrong level, the longer you hold, the more passive you become. Here, I only follow structure, not emotions.

Profits have already been realized. You can take partial profits on an 80/20 split, and trail a stop on the rest to see if the move extends further. If you missed the entry, don't chase — even short positions need to wait for the right level. Wait for the next, more comfortable opportunity.

$BTC $ETH
ASTEROID-6.91%
BTC1.32%
ETH-0.05%
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