$VELVET From 0.46 to 0.65 in half an hour, did you chase the pump? This pump is just like when you see pork suddenly drop in price at a market and aunties rush to buy — it's easy for retail traders to jump in, but the whales pull out just as fast.

Let's look at the data: 24-hour trading volume hit $57 million, but the price surged to 0.6565 before dropping back to 0.6177, a gain of 28.71%. It's like your friend borrowed money to buy a bag yesterday, and today it's up nearly 30%, but whether they can sell it is another story. The 0.65 level is like a hot roasted sweet potato — you want to eat it but you're afraid of burning your mouth.
My personal trading logic: chasing the pump right now is just carrying others in a sedan chair. If you really want to get in, keep your position within 5%, set a stop-loss at 0.55 (a break below means the whales have left), and don't be greedy with take-profit — place a sell order around 0.65 to take out two-thirds first. Don't try to capture the entire move. The manipulators love this script — first they squeeze shorts, then they dump to cut longs.
Remember, in this market, what you earn isn't the price increase, but your calmness when others panic. Now at 0.62, it's 28% higher than 24 hours ago, but still far from the all-time high. If you have profits, first lock them in; if you're empty, wait for a pullback to the 0.55-0.50 range before acting. If you don't understand, ask in the comments — I'll help you see through the manipulators' tricks.