$$G A two-day plunge of 22% brought it to 0.0033, just one step away from the 24-hour low of 0.0032. Will this wave of panic selling break through or be a fakeout?

This token dropped from a high of 0.0045 to near the low. With a trading volume of 65.6M, it shows bulls and bears are still fighting, but retail panic selling sentiment is obvious. I've seen this pattern many times: after a series of long bearish candles, if 0.0032 holds, there's a chance for a swing rebound, but shorting the dip can also get you burned.
My discipline plan is as follows: Entry: go long lightly at current price of 0.0033 (don't go heavy, there's still waterfall risk ahead). Stop loss: 0.00315 (if 0.0032 breaks, support turns to resistance – must cut losses). Take profit: first target 0.0038 (24-hour moving average resistance), second target 0.0042 (0.618 Fibonacci retracement). Position size: 5% of total capital. No adding, no holding through, no overnight positions.
Risk reminder: if the 24-hour close is below 0.0032, the stop loss will trigger automatically – don't hold onto false hopes. In this scenario, chasing a rebound is like licking blood off a knife; position size and discipline are your lifelines.
I've taken big losses three times personally doing this kind of oversold rebound. Later I learned: before a rebound, you need to see volume shrinking and stabilization on the 15-minute chart – don't just rush in because the price is low. Right now at 0.0033, volume is still expanding, meaning panic selling hasn't been fully flushed out, so you must watch the chart closely after entering.
If you're also doing buy-low-sell-high, remember one iron rule: don't look at the up/down, look at the levels; don't guess emotions, focus on execution. 0.0032 is the lifeline – if it breaks, don't ask why.
No trading outside the plan.