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Just after I saw the bearish news, the market was still pretending to stay calm on the chart—then, in the blink of an eye, it started leaking lower. $CFX This time, you really delivered the answer for the shorts. It looks calm, but it’s actually not easy at all.
While everyone is still watching from the sidelines, I noticed CFX’s rebound has been getting shorter and shorter. When the price went up, no one was taking it, and volume didn’t keep up. A few probing attempts were pushed back to the original level by sell orders. This level isn’t suitable to chase longs based on feel. I focused more on the pullback after pressure builds at the high.
When the market was grinding the top intraday, I arranged a long position around 0.05811. Now it’s at 0.04417. The results from the review are +1155.26%. No fancy moves—just waiting for weakness to show, then letting the shorts cash in accordingly.
Take the big part first into the pocket: first close 80%, then move the remaining 20%’s protection level to around breakeven. If it can still drop, keep holding. If there’s a sudden snapback, don’t let profits turn back into the key level.
Panic is because there was no plan. Loss is because you overthink. Chasing trades makes it easy to get stuck at the mountaintop. After the shorts accelerate, don’t blindly chase either—wait for the next, clearer opportunity.
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