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That sudden dump a moment ago caught many people off guard. The rhythm of $UB had already changed a long time ago. On the surface, it only looks like consolidation, but the real key is that every time it surged upward, it got pushed back down—showing that the overhead supply is loose and the bulls can’t hold it anymore.
I opened a short around 0.21896. I’d already noticed this level’s key support/resistance had been repeatedly effective, so I didn’t chase the long side. The price is now down to 0.08357, with unrealized profit of +1514.13%. The trend continuation is obvious; holding a trade like this matters more than frequently and chaotically switching.
The toughest part then was psychology. During the session, there were a few small snapbacks—many would think it was about to reverse. But the rebound had no volume and no follow-through; instead, it provided better confirmation for the shorts. Here, the profit has already been realized. I’ll handle it in batches first using an 80/20 split, move the protection level up, and leave the rest to the chart.
If you miss it, miss it. Don’t see a profit screenshot and then think about rushing in. Don’t chase trades—wait for the next opportunity to show up.
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