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-50% loss, 48 hours, I put in 60k USDT.
Now back to 30k USDT, $Lobster just pulled me out of the pile of dead. Price at 0.0097, smashed between 0.0092 and 0.0208 all day, with a trading volume of 60k USDT.
This isn't a shakeout, this is a kill, but the volume didn't shrink, indicating the main force is still here.
Let me give you a clear data point: this wave of sharp decline has wiped out 80% of short-term bulls, if 0.0095 holds, it's the bottom of this phase.
Trading plan: now at 0.0096-0.0098, try a small position to go long, stop loss at 0.0091; first target at 0.012, reduce to half position upon reaching; if volume breaks through 0.013, add to 20%, second target at 0.015.
Don't be greedy, this coin can double or be cut in half within 24 hours.
My painful experience is that stubbornly holding makes profits turn into losses.
Keep your position under 20%, don't buy at the lowest, but stop loss must be firm.
Bet or not? Tell me your stop-loss discipline in the comments.