$SKYAI 14 minutes ago it bottomed out at 0.1300, 24-hour volume of $121 million. Now it has rebounded to 0.1406 but still down 44%. Are you daring to buy the dip or run away?

Let me give a projection: this coin went from 0.2584 to 0.1300 in just 24 hours without any decent rebound in between. This kind of one-sided slaughter is either the main force clearing leverage to wait for bottom-fishing, or a precursor to distribution and exit. Looking at the order book, there are buy orders defending near 0.1300, but the sell side is thick. If it doesn't return above 0.1550 by 8 PM tonight, it will likely retest and break below 0.12. Don't tell me about long-term holding; under this volatility, holding overnight is like gambling with your life.
Trading advice: At the current level of 0.1406, the risk/reward ratio is 1:3, strictly speaking it's very fragile. Right-side traders should wait for a firm hold above 0.15 before entering. Left-side bettors on a bounce should only consider light position testing below 0.1350, with stop-loss at 0.1280 and take-profit at 0.1650. Position size should be at most 20%, don't get carried away. If it doesn't break below 0.13 by 8 AM tomorrow morning, you can increase to 40% to gamble on an oversold rebound.
I'm used to finding opportunities during sell-offs. The chips I accumulated last week at 0.08-0.09, I sold half today at 0.14. For the remaining position, I set a stop-loss at 0.128 to handle flexibly. Remember, Meme coin liquidity is deceptive; out of the $121 million volume, maybe half are wash trades.
There are 8 hours and 22 minutes left until the critical window of 8 AM tomorrow. Can your positions still hold? Leave a comment with your entry price, and let me see how many of you survive today.