AT market action this round is indeed brutal: it first surged to a high of $0.17770, a bunch of retail traders excitedly followed and took the bait, then got hammered the next moment. Big money showed no mercy, delivering a cliff-like drop directly, with the coin price plunging to $0.14860 before stabilizing. Even though it rebounded back to $0.16061 later, it still closed down 8.69% for the day.

This decline sounds scary, but from a trading volume perspective it's actually more dangerous—24-hour trading volume exceeded 33.41 million USDT, with trading amounts reaching 2.09 billion. Volume didn't shrink throughout the entire downtrend, indicating that selling pressure hasn't eased at all. The previous high now hangs overhead like a sword of Damocles.

**If you want to trade this coin, do it this way:**

Short-term bounce trading, don't rush to buy the dip. If you really want to try, wait for a rebound to the $0.1650-$0.1680 zone, and the price must hold above recent key resistance levels before officially entering. Otherwise you're just risking small money to get stopped out.

For shorting, watch $0.1550 as the first target, $0.1500 as the second target. If the downtrend doesn't stabilize, there's still the possibility of $0.1480. Set your stop loss at $0.1680. Once it breaks through there, the short-term downtrend will likely ease.

To be honest, there's no sign of a bottom in this decline. The current rebound is just a weak bounce when bears take a breather—bulls haven't caught the falling knife at all. As long as $0.1680 holds, the bearish logic doesn't need to change. Taking the long side now is basically catching falling rocks from the sky, extremely easy to get trapped midway. Shorts shouldn't chase too aggressively either—wait for it to rebound to resistance levels before entering. That way you can steadily profit from the decline.