$$M 1.6048 still playing dead? Nearly 62% amplitude in 24h but no one dares to move. The whale pumped to 1.8255 then dumped to 1.1291 and pulled back again, isn't it just waiting to slaughter the chasing dogs?

I'll say it directly: 1.6048 is stuck in no man's land; chasing in is just handing your head to the whale. 24h volume of 207M but price can't hold above 1.7, meaning sell pressure hasn't been absorbed. The historical high of 1.8255 is a psychological level; whoever buys there is a fool.
My plan: Entry: Wait for a pullback to the 1.42-1.45 range with a light test long, cut loss directly if it breaks below 1.35. This is the 0.382-0.5 retracement level after the 24h low of 1.1291 bounce, where the whale is likely to shake out weak hands before pumping again. Stop loss: -7% from entry price, around 1.35. If it crashes through, means the bulls have no conviction; don't gamble. Take profit: First target 1.72 (near prior high), second target 1.80 (if volume follows after breaking prior high, could look). Don't be greedy; above 1.80 if volume shrinks, sell half immediately. Position: 5% of total funds, no leverage. This is a range-bound market, not a trending one; heavy position will get you whipped.
Now? No trade. 1.6048 is neither support nor resistance; entering is just gambling on direction. 24h up 37% but volume didn't hit new highs, suspected whale shaking out and distributing. You ask if you can buy? I ask back: from 1.1291 to 1.8255's sharp rise, the higher it goes, the more it looks like the final stop.
Personal tag: I do buy low and sell high, only eat bounces after pullbacks, chasing highs is for the suicide squad. Follow me, I only tell you how to pick up money in a bloodbath.
No trades outside plan.