Oh no, I told you this market would trap people. I lost $1.72 million previously on this kind of surge. This time, after bottom-fishing at 0.0044 and recovering $1.2 million, my locked $NFP just reached 0.0080, a 59% gain in 24 hours, but it was smashed down 74% from the high of 0.0439, with a trading volume of 1007M all concentrated at the top to trap people.

This data clearly shows that the whales are dumping without hesitation. According to on-chain tracking, the high turnover in the 0.0439 to 0.0044 range indicates the main force's cost is around 0.0065. Currently, 0.0080 is still within its safe zone. My lesson: most V-shaped reversals of this kind are fake breakouts, especially for small-cap coins like NFP with terrible liquidity – they pump and then immediately dump.
Operation plan: - Entry: Wait for a pullback to the 0.0062-0.0068 range and place an order. This is just below the main force's cost and also the 0.5 Fibonacci level from the previous low of 0.0044 to 0.0080. Do not chase above 0.0080; it's no different from giving away money. - Stop loss: Set at 0.0055. If it breaks the main force's cost support, it will likely fall back below 0.0040. - Take profit: First target 0.0095, where there is heavy prior overhead supply; second target 0.012. The 24-hour volume increased but price couldn't hold, indicating strong selling pressure. - Position: Just 3% of total capital is enough. Use 1% to gamble on a short-term trade. Don't follow my example of going all-in and getting liquidated.
Remember, the more this coin rises, the more you should reduce your position. I bet it will retest 0.006 within the next three days. If 0.005 doesn’t hold, get out immediately. Don't be dazzled by the 59% gain; the turnover rate is ridiculously low – small orders pump the price while large orders flee. If you chase now, you'll be taking over from people like me who are recovering their losses.
I want to ask: Do you have any chips bottom-fished at 0.0044? Are you adding to your position or waiting to run for your life? Don't let the next wave of decline swallow all your profits this year.