$$COAI Today this needle almost pierced through my position, rushing from 0.7274 to 0.3255, then bouncing back to 0.4514, with a 32% fluctuation, this is playing out the script of both bulls and bears exploding.

News source: CoinDesk reported this morning that the COAI-related project team announced it will launch its proprietary market-making fund pool next week, injecting an initial liquidity of 5 million USD, along with adjustments to the token burn mechanism. Meanwhile, a whale address was reported to have bought over 2 million tokens near 0.35.
Translate into trading logic: This wave of sharp rise and fall is essentially “news pre-positioning + liquidity game.” The project team doing market making themselves means higher control over the market in the future, but the burn adjustment will short-term shrink the circulating supply, making the bulls and bears contest more intense. 0.7274 is the trapped zone of this rally, 0.3255 is the whale’s cost zone. Currently around 0.45 is the center of the chip game, funds haven't left, sentiment remains, but chasing high is extremely risky.
My advice: Don’t bet on the direction at this position. If you want to enter, wait for a pullback to the 0.38-0.40 range and try a small long position, with a stop loss below 0.33; if you want to short, wait for a pullback to the 0.55-0.60 range before entering, with a stop loss at 0.73. Do not exceed 20% of your position, this coin can wipe you out with just one needle. Remember, the news hasn’t been priced in yet, and before the project team’s fund pool officially launches, all the pump is just floating profit.
Has the news been priced in? No, the project team’s market making and burn are scheduled for next week, today’s move is just anticipatory trading, the main trend has not yet unfolded. What you can do now is control your hands, watch on-chain fund movements, and don’t be the bagholder. I’m Lao K, only sharing the hardcore info that can make you money.