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80k loss down to 30k, relying on LAB to recover back to 62,000. Damn, two weeks ago I was still looking at how to pay off online loans, now I finally dare to open my account.
I'll mention some numbers, you judge for yourselves: 11.6730, 24h increase of 24.41%, trading volume of 84.8M. 24h low of 9.3150, meaning the people who bought yesterday are now making a 25% profit.
What's the key? This pump didn't release huge volume; 84.8M in trading volume isn't considered explosive for MEME coins, indicating the main force hasn't run.
I used survivor bias to calculate: three trades entered between 9.3 and 9.5 yesterday, with an average cost of 9.45, and today at 11.67, already floating profit of 23.5%.
70% of holdings are below 10, with resistance levels at 12.2 and 13.5 above 11.
Stop loss is set at 10.8; breaking this level indicates profit-taking selling pressure, and heavy positions will be dragged down by inertia.
Operation plan: Entry: if you're flat, buy the first 10% position around 11.5. Reason: 4-hour level divergence hasn't appeared yet, and the main force's accumulation line slope is still rising.
Stop loss: set at 10.8 across the board, don't be greedy. If your cost is below 10, take profits in two stages: sell 30% at 12.2, another 30% at 13.5, and hold 40% to aim for 15%.
Position: total account should not exceed 15%. Reason: 24h increase of 24.41%, chasing high is risky, but the 84.8M volume shows heat remains.
Betting on a 2% loss for a 15% potential space, the risk-reward ratio is sufficient.
My adding position logic: if tomorrow's pullback to 11 doesn't break, and volume stays above 60M, add another 5%.
If it breaks 10.8, just liquidate everything—don't ask why.
Don't call me to analyze fundamentals; LAB is just an emotional coin.
Whether this wave can double depends on whether the US stock market tonight can hold steady.
I bet tomorrow can hit 12.5, but if it can't even break 12—that's the tuition I paid to learn.
Wishing everyone flat not to pat your thighs, and those holding positions to hold your hands.