$STG The data doesn't look right, a 34% drop in 24 hours with a trading volume of 220 million—this kind of price drop and volume explosion rarely happens more than a few times a year.


Three possibilities: one is whales doing wash trading to shake out and then pushing the price up to dump; two is the wreckage left after both longs and shorts explode in the contract market, with short-term manipulators fleeing; three is that the STG protocol has undisclosed negative news, and smart money is rushing to sell off.
No matter which, don’t buy the dip now. If the 0.254 level can't hold, the next support is at 0.22, with a stop-loss at 0.245. If you want to bet on a rebound, wait until the daily trading volume drops below 50 million before entering, and keep your position within 5% of the total portfolio.
Don’t ask why, I’ve seen this signal three times—twice after a spike, it continued to fall; once it went straight to zero. $STG I’m only selling now, not buying.
STG-32.90%
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