The lesson I learned from taking a loss of 120k, I'll just consider it as tuition. $M

This wave went from 0.53 to 0.7254, up 28% in 24h, with a trading volume of 21.7 million, but the previous high resistance zone of 0.73-0.75 shows obvious accumulation and selling pressure.
On-chain data shows that the proportion of large holders' positions dropped from 39% to 32%. Quite interesting, smart money is reducing positions.
My plan: Not entering at 0.7087 now. Wait for a pullback to the 0.65-0.68 range, lightly test long, stop loss below 0.62. Take profit in two levels: 0.72 and 0.75. If it breaks 0.73 directly and holds, then chase with half position, move stop loss up to 0.70.
Don't FOMO chase highs. The trading volume looks large but the turnover rate is only 17%, indicating that the whales haven't finished absorbing.
I'm an old retail investor who has been burned twice by these fake breakouts. Like to avoid missing out, comment on your stop-loss habits.