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Just cut losses and went heavy on $SAHARA, with an unrealized loss of 112k USD, crashing 47.6% in 24 hours! Entered at 0.0204, the top was 0.0391, and it’s currently churning—hammering from the top down to 0.0124, grinding out the “squeeze” move.
Full plan: Add 10% at the current price of 0.0204, set the stop loss at 0.0180 (break below the prior low for confirmation), and take profit at 0.0250 if it rebounds. If it holds above 0.0220, add another 5%, targeting 0.0280.
Two scenarios: 1) Oversold rebound: a volume breakout above 0.0220, with short sellers covering; coordinated trading volume of 213 million USD to hype the push higher; 2) Bleak sideways grind and shakeout: a low-volume pullback to retest the 0.0124 bottom support—watch for a signal from the main force accumulating after a huge turnover.
My strategy: Enter in batches, don’t chase higher prices. Any trade against the trend must include a stop loss. I’ll update the results in the comments—follow to watch the real-time follow-through. Poll: Are you betting on a rebound, or on it continuing to crash? $