$4 0.0092, dropped from 0.022 to 0.0092 in 19 days, a drop of 58%.

I'll give you the conclusion directly: going in now is just providing liquidity to the market makers.
You think a drop of 18% is the bottom? 24h trading volume is 689 million, turnover rate is crazy, but the price is still falling, this is a typical combination of wash trading and distribution.
It took only 3 hours to crash from 0.0136 to 0.0085, consuming an average of $340k worth of sell orders per minute. Retail investors cannot absorb this kind of volume.
Don't touch it, really don't touch it. The fundamental of $4 is just a concept package, with a circulating market cap of less than 340k, but the top 10 holding addresses account for 67%.
The whales haven't finished unloading their positions. Every penny you buy is helping them cash out. Even worse, the 24h low of 0.0085 has already broken the previous support, and 0.005 is the next psychological level.
But if you insist on being stubborn, I can only give you the most conservative conditions. First, position size must not exceed 1% of total capital. The volatility in crypto is here; if you get liquidated, it's really gone. Second, wait for the 0.0075-0.0080 range to stabilize with volume before placing buy orders. Don't chase. Third, set stop loss at 0.007, and run immediately if it breaks below. Fourth, take profit in two stages: reduce half at 0.012, exit completely at 0.015. Don't be greedy. Fifth, set an alarm to watch the market; small cap coins like this can pump 50% or dump 60% in one night.
I'm A Feng, the Gate conscientious blogger who talks people out of trading, specializing in using reverse data to help people hold back. In this market, losing less is earning.
Like and follow. Next time you need to know where to run when it drops, I'll call you in advance.
Poll: Will you add to your position or cut losses at this level?