$$TAC 24 hours up 37% to 0.0405, anyone chasing in is just handing over money like a retail sucker. Above 0.04, the daily average turnover rate is only 3%. The whale pulls a wick and runs. Don't touch it. The 200k USDT volume is all quant bots wash trading, real buy orders are less than 5%. If you place a buy order to take the supply, you're just being liquidity cannon fodder for him.

Just saw someone chased 20k USDT at 0.039, now floating loss 5%. On-chain data is even worse: the top 10 addresses control 81% of circulating supply. After the August unlock, another 45% of tokens will be dumped. This rally is like a butcher fattening lambs. If you really want to gamble, play short-term: place buy orders below 0.037, stop-loss at 0.033 (if broken, it's a waterfall), take-profit at 0.041. Position size not over 1%, better to test with 0.5%. Don't try to hold long-term – its all-time high is 0.12, now it's ankle-slashed. Technically, there's no decent support – the 0.03 level is the lower band of the 3-day Bollinger Bands. If it breaks, it's heading to 0.02.
Let me put it bluntly: I've been on Gate for over two years and seen too many setups where a single green candle is pumped to create hype, only to end up either going to zero or dropping 90%. Your money is earned burning the midnight oil, don't get carried away by KOLs' hype. If one day TAC drops back to 0.028 and volume shrinks below 5M USDT, then I'll call you to enter for an oversold bounce. Now? Keep your hands off.
@GateDefi去年七月预警了PEPE顶部的博主, only tell the truth, no retail slaughter.