The best part of this trade isn’t that it went up—it’s that the market kept scaring everyone earlier. I bought multiple $INJ long positions from 4.851 and took them up to 4.902; I’m currently up +46.69% in floating profit. This move is classic: after panic flushes out, price snaps back upward.

After that initial pullback, when it dumped, many people’s first reaction was, “It’s over—this is going to keep going down.” I actually think there was a problem on the other side, because after the drop it didn’t keep breaking down in a continuous way, and the rebound speed was still fast—showing that there are buyers underneath, it’s not like nobody’s taking the other side. The key is this: the panic came out, but the shorts didn’t get the result.

Once it reclaimed the area, the chart structure clearly changed. The low-level chips started to get firm; the follower shorts were forced to cover, and the release of upside room was therefore only natural. Since the profit is already quite significant, I’ll lean toward processing in batches with a 70/30 split—keeping some to continue watching, and I can’t afford to lose the protection level.

What I’m most afraid of right now is getting overexcited after going into profit. If you don’t have a position, don’t chase—there will be more chances, and the market won’t only give you one opportunity. Wait for the next, more comfortable entry point.

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