0.3551 to 0.6435, 24-hour doubling market, $VELVET this candlestick, like you playing mahjong with a streak of three "Bai Ban" (all one suit), after the fun, it's time to think about stepping down.

Imagine VELVET as a stall selling durians at the market. Yesterday, it was 2 yuan per jin and no one bought, today it suddenly skyrocketed to 5 yuan, and the aunties are frantically grabbing. The highest was 6 yuan, but now it has fallen back to 5.2 yuan. Are you following to buy, or waiting for the next wave?
My logic is simple: 24-hour trading volume of 500 million yuan indicates the main players are still in the game, but the scythe of harvesting chives is also raised. If it retraces to 0.48 without breaking, try entering with a small position, stop loss at 0.43. If it pushes above 0.6 again, take profits in two batches, don’t get greedy.
Remember, durians will crack open when ripe, and so will wealth. If you understand, give a like. I am old money, only looking at trading volume and order book. This account might be gone tomorrow, follow me to prevent losing contact.