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$120k lost down to only $23,000, full position in AKT from 2.1 to 0.3, just recovered 30%. Now at 0.8406 with a 12.7% surge, don’t rush to get excited, the impulsiveness of new investors is bought with money.
Looking at the data: 24-hour trading volume is $15 million, compared to an average of $3.5 million before the previous rally, indicating genuine funds are entering rather than a trap. But 0.8580 hasn't broken the previous high, here’s a serious battle between bulls and bears—if it closes above 0.85 today, the main force is accumulating; otherwise, it’s a pump to dump.
My plan: at the current price of 0.8406, only buy 30% of the position, set stop-loss at 0.782 (5% below the previous low). If volume breaks through 0.87, add another 20%, take profit at 0.93 (weekly resistance level). Keep total position within 50%, remember a lesson: chasing after a sharp rise after a surge, the more impatient, the more you lose.
Dare to vote: Are you going long this time or waiting for a pullback to enter? Share your thoughts in the comments, don’t let me be the only one holding the weed.