$$VELVET 31.85% surge is a trap? From 0.2790 to 0.4749 over 37 hours, with a trading volume of 368 million, all retail investors are buying in. I looked at on-chain data, and whales have already started selling in batches; the highest point of 0.4749 is the last escape opportunity. Do not touch this, this is not a rebound, but a staged pump and dump to clear out positions. Currently at 0.4059, if tomorrow within 24 hours it drops below 0.38 and the trading volume shrinks to below 200 million, this coin will retest 0.25 or even lower. Conservative strategy: only try long positions lightly at 0.36-0.37, stop loss at 0.34, take profit at 0.42, and do not exceed 5% of total funds in position. Lesson from history: for this kind of rollercoaster coin, entering means fueling the manipulators. If you find this helpful, follow me, and I will continue to warn before the next big crash. $

VELVET-0.42%
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