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Position Profit and Loss: -12.3%,
Yesterday I bought BO ($BLESS) at 0.0073, now it’s floating at 0.0064,
Unrealized loss of $1200, but I didn’t cut it.
$BLESS 24-hour drop of 29%,
Falling from 0.0098 all the way down to 0.0061,
Trading volume still at 52 million,
This isn’t panic selling, it’s the main force shaking out weak hands.
My trading plan is very clear:
If you don’t hold any positions now, the area around 0.0064 is the first attempt point,
Stop loss set at 0.0059—breaking this level indicates the trend is completely broken;
Take profit in two stages,
First target 0.0078 (former support turned resistance),
Second target 0.0092 (fill the gap).
Position size controlled at 5% of total funds,
Don’t go all-in at once.
Pre-judging two scenarios:
First, current 0.0064 is a strong support on the daily chart,
Coupled with MACD bottom divergence,
If the volume expands in the next 2 hours and rebounds above 0.0070,
I will add to my position near 0.0066, increasing total position to 8%,
Move stop loss up to 0.0062,
Hold and wait for 0.0078.
Second, if 0.0061 is tested again or even broken,
That’s a sign of accelerated decline,
I will immediately clear all positions and wait,
Look for stabilization around 0.0050 before considering low buying.
Don’t expect a violent rebound after a sharp drop,
When meme coin sentiment wanes, bottom-fishing is the riskiest.
Now the key is the order book:
Buy side has 900k at 0.0063,
Sell side has 1.2 million at 0.0065,
Bulls and bears are fighting.
My usual approach is to test on the left side, confirm on the right,
Don’t chase the rise or hold against the trend.
This isn’t about calling signals, it’s about recording my logic for reference.
Results will be updated in the comment section. $