$SLX I'm deep in the red. Just cut half my position. Chased the high at 0.62 this morning, now at 0.4869, down 22%, floating loss of 8000 USDT.

Trading plan: Not daring to buy the sharp drop at current price, wait for a second bottom near 0.465 to add 10% position. If it bounces back to 0.52, first sell two-thirds, keep a base position to bet on a surge after tonight's washout. Stop loss set at 0.455, clear directly if broken.
Two scenarios predicted: 1) Hold at 0.48, consolidate then pull back to 0.55, follow the added position's profit for one-sided take profit; 2) Break below 0.465 and accelerate to 0.43, then accept the loss and exit; don't hold stubbornly.
This wave of selling has large volume; the market maker may be testing support. I'm testing with a small position, don't follow me and get emotional. Just betting on an oversold bounce, if wrong, I'll accept it.
Results will be updated in the comments.