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$H Never touch this! 0.0880 seems low, but the 24-hour volatility directly surged from 0.0623 to 0.1618 and then plummeted 50%, with a trading volume of 523 million USD—all signals of retail investors absorbing the sell-off. I’ve seen this kind of order book once, and each time I lost money. In the past three months, tokens with similar tactics have on average fallen another 70%.
But if you insist on betting on a rebound from the exchange resonance effect—try a small position below 0.0880 to go long, with a stop-loss placed below the previous low of 0.0623. Take profit at 0.12 and exit, and don’t exceed 5% of your total position. This isn’t a trend-following market; it’s a show of the main players pushing prices up to unload.
Conditions to add to your position? Unless it breaks through 0.15 with increased volume and stabilizes for 24 hours, only look for short opportunities. I’m a conscientious Gate community member advising against chasing, only providing conservative strategies for those willing to hear the truth. Follow me to avoid getting caught off guard.