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UB directly broke through my cost line in this wave. Currently, my position is at a loss of 18%. I'm still holding onto the long order at 0.127, and the floating loss is close to 2300U.
The daily chart has dropped nearly 20% with volume, but at the low of 0.0908, there was a buy order of 8 million U in 20 minutes to support the price. This is not something retail investors can do.
My plan is simple: If it can hold the 0.092-0.093 range (near the 24h low) tonight, that will be my add position. I'll add 0.5x position, with a stop loss uniformly set at 0.0885 (1% below the previous low).
If it directly rebounds above 0.105 with volume, it means the main force's washout is over. I'll keep my current position and wait to add 0.3x at 0.112.
Two scenarios: First, another wick near 0.09 down to 0.088 and then quickly recover. This is a standard accumulation pattern, likely to trigger a rebound to the 0.12-0.13 range. Second, if 0.09 breaks down with volume and does not recover quickly, I must cut the position even if it means a 30% loss. This indicates that the main force is distributing, not washing out.
Don't try to catch the bottom now, unless you can watch the 15-minute volume changes like I do. In this drop from 0.128 to 0.098, there are a few points to note—the dense chip zone at 0.105 was instantly broken, showing strong short-side control, but the massive support orders at the low indicate large funds want to buy in. The risk is high. It's recommended to try small positions or wait for confirmation of a right-side signal.
Specific operations: Current price 0.0982, my long position remains unchanged. Place an add order at 0.0925 with stop loss at 0.0885. First take profit at 0.112, second take profit at 0.125. Total position not exceeding 3x leverage. This coin is highly volatile, and heavy positions can easily get liquidated.
Results will be updated in the comments.