$O 0.5234, the -19.53% crash has just released panic, shorts dare not chase, longs wait for lower.

Brothers with positions, don't rush. 0.4920 is the 24h low and also a key panic stampede level. If it breaks through this level again tonight, around 0.45 is the range where I will add positions. Enter now? Stop loss set 50 points below 0.49, take profit first at 0.55, position no more than 20%. If you are empty-handed, don't get itchy. Wait for the drop to the 0.48-0.49 area and buy in batches. Stop loss unified at 0.47, target 0.56-0.58.
24h trading volume of 39.5M indicates accelerating turnover, but the high of 0.6729 has been smashed like this. Short-term pullback to 0.54 is a selling point, not a buying point. Panic sentiment has not been fully digested, the rebound is just a bull trap. My discipline: do not participate in any rebound below 0.53, unless it breaks above 0.55 with volume and holds steady. Now 0.5234 is consolidating sideways, more like a continuation pattern, not recommended to bet on a reversal.
Someone asked if they can buy the dip? My standard: entry point must wait for a low-volume stabilization signal on the daily timeframe. Now just looking at the 15-minute chart and wanting to buy the dip is just being a bag holder. If you are a long-term investor, suggest to wait for 0.45 or even 0.42 to position, controlling position size to within 5% of total capital. Short-term players should now wait, wait for a breakdown below 0.5 and observe volume. If after a sharp drop it quickly recovers above 0.51, you can try a small long position, but must strictly stop loss.
One last word: do not operate outside the plan. Don't impulsively chase ups and downs because of the numbers jumping on the screen. $O's volatility is very high now. Keeping your hands still is more important than anything. Follow me, my positions and stop loss points will be synced in real time, so you can refer to discipline execution.