This coin LAB has a very predictable pattern; only by understanding it can you avoid being played.

Every time the price drops, short sellers start to accumulate, then the market maker suddenly pumps it up, liquidating all the shorts. After the price spikes, retail investors see the rise and rush in, and then a new round of dumping begins.

This cycle has happened several times; it's not a coincidence, it's designed.

This time, the dump from 17.8u is the same: creating panic during the drop to make people cut losses, then after retail investors have sold, it pumps again, letting those who chase in become exit liquidity.

The problem now is that this game isn't over yet. On August 14, there is a large batch unlock. Before that, the market maker needs to maintain the price at a certain level to give newcomers confidence to hold. Once the unlock arrives and the supply is distributed, the price becomes irrelevant.

Understand this logic, and you'll know how to treat this coin now.