$HMSTR 24-hour trading volume 50.6M but price dropped 35%, this is the most brutal washout I've ever seen.

Position down 12%, should I cut or not? My plan today is to bet on a bottom wick.
Entry plan: add 20% at current price 0.0002, total position to 15%. Stop-loss uniformly set at 0.00018, if it breaks below, exit unconditionally. Take-profit targets are 0.00025 and 0.0003, sell half first.
Two scenarios predicted: First, if volume continues to increase but price holds above 0.0002, it means smart money is accumulating, I'll add 5% position and wait for a bounce. Second, if it breaks below 0.0002 on shrinking volume, today will be a double bottom, immediately reduce position to 8% and wait for lower levels.
I've been burned on this coin before, but this time the data is abnormal - price at new lows while trading volume remains high, not simply retail panic selling.
If the bet wins, I'll get a nice gain; if I lose, not losing is already a win. I'll update the results in the comments.