I won't open a position if the $VELVET at 0.53 stop-loss isn't hit; 0.5722 is neither up nor down, chasing it is just giving away money. Up 40% in 24h but the trading volume of 1.9 billion can't support the current price; the high of 0.6461 is the ceiling. Enter on an intraday pullback to 0.546, stop-loss at 0.53, take-profit at 0.59, position size no more than 10% U. If 0.53 gets smashed through, wait for 0.48, don't jump in early. The ranking hype sentiment tends to be a one-day wonder; when sentiment fades, it's a slow decline. Don't trade outside the plan.