$$AERGO Yesterday bought in at 0.038, now only shorts remain, a 19.85% plunge is the standard script for the market maker's shakeout.


My move: early trading placed a buy order at 0.031 to accumulate the bottom position.
The daily chart shows 0.0305 as the previous low support; if it breaks below, it will trigger a chain of stop-loss liquidations.
The trading volume of 9.3 million is 1.8 times that of the day before yesterday, indicating panic selling and new buyers exchanging hands.
I am watching the 15-minute chart: if it closes above 0.032 and holds, it means the bottom chips are locked in by the market maker, and the next target is directly at 0.035.
If it breaks below 0.0305, I will stop-loss immediately, keeping the position within 30%.
Don’t ask why it’s falling, just accept that the retail traders are getting squeezed, and the market makers are picking up bloodied chips.
The market data doesn’t lie.
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