$STG This 260k lesson hurts too much. Last month I went long at 0.48, imagining it would repeat the previous wave of a double-up run. In the end, the candlesticks suddenly printed one bearish long candle that pierced through three bullish candles. My stop-loss was also set far too wide, and I got liquidated right away. That night, watching my account shrink from 210k down to scraps—the cigarette ashtray was overflowing. Now that it has bounced back, I will absolutely not chase the price higher on impulse.

Let’s redo the账 with data. The 24-hour trading value is 344.6M, more than 3 times its average daily circulating market cap, and the chip-exchange speed is extremely fast. The highest was 0.6796, the lowest was 0.4311, with a swing of over 57%. With this kind of trading activity, if the main players wanted to distribute, they would have already smashed the price below 0.5—yet in reality, after rebounding from the lows, the turnover rate has stayed high at the top, which suggests there’s capital absorbing around 0.6. But here’s the key point: the 24h high is capped exactly at 0.68, which is the 0.618 Fibonacci resistance level from the prior leg of decline, and it’s also the pressure zone of the MA120 weekly line.

My plan: in this round, I’ll only do right-side buying on low pullbacks—never chase highs. I’ll set the entry range at 0.58–0.60. If the price retraces to this area and the 30-minute candlestick closes firmly back above it, I’ll enter using a 5% position size. My stop-loss is strictly placed at 0.54. Once it breaks below here, all the gains from the earlier move could turn into a bull-trap. Take profit in two stages: first target 0.73, second target 0.82. Position management must be ruthless—only after the pullback is confirmed will I add another 2% position; otherwise, I’ll just watch from the sidelines. If it directly rallies past 0.68 and doesn’t pull back, I’ll fully give up. I’d rather miss the move than become the bagholder.

Do you think this 0.68 level will break upward tomorrow, or get pushed back down? Go vote—give a like so I can see who’s fighting in the same channel. I only review charts every day for people who are willing to analyze, not for those who just shout trade calls. $