NAORIS's recent market move can be described as a textbook-style high-level plunge. From a peak of $0.04027, the price dropped straight down, with the 30-day cumulative increase of 23.19% instantly turning into a bubble. Without any support, the price slid directly to $0.02897. Even after a slight rebound to $0.03325, the intraday decline still reached a shocking 13.48%.

What is the most eye-catching? The trading volume data. The 24-hour trading volume exceeded 6.56 million USDT, with the volume soaring to 192 million. As the price fell, the trading activity sharply increased. This is not just retail panic selling—large funds are frantically cashing out at high levels, turning previously established highs into seemingly insurmountable peaks.

**Key Operational Logic**

Want to catch the bottom? Hold on. If you really want to attempt a super short-term rebound, set your targets first: try small positions when the price rebounds to the $0.03500-$0.03600 range, provided the price can hold above recent key resistance levels. This is not conservative; it’s the basic principle for survival and exiting the market.

For shorting, the first target is $0.03200, the second target is $0.03000. If the downtrend shows no signs of easing, $0.02900 is also within consideration. Set your stop-loss at $0.03600. Once the price breaks this level, the short-term downtrend is likely to ease.

**Current Market Situation**

Honestly, NAORIS's plunge hasn't yet shown a clear sign of a trend reversal. The bulls have not formed effective support, and panic sentiment is still spreading. As long as the price does not break above $0.03600, there’s no need to adjust the bearish outlook. For long positions, trying to catch the bottom now is basically like grabbing falling knives, with a huge risk of being caught in the middle of a mountain slope; for shorts, don’t blindly chase the decline. Wait for the price to rebound to resistance levels before entering, which can help lock in profits more safely.