$BILL In one night it dropped 22%. At 0.0228, right at that price, it just hit my stop-loss from last week’s setup. Now I’m fully out of the market, waiting for the next hunting ground.

Don’t rush to bottom-fish. My discipline has worked for 3 years: enter with a limit order at 0.0205. This level is the lower edge of the consolidation mid-range over the past month. The 24-hour trading volume of 38.6M shows selling pressure is still being released—wait for a shrinking-volume reversal and then act. Place the stop-loss at 0.0190. If it breaks, it means the structure is broken; I won’t go against the trend. Take profit in two tiers: 0.0255 is the first target—when it hits, exit two-thirds of the position; 0.0285 is the second target—use the rest to bet on a rebound continuation, but don’t expect to catch the exact top.

The 24-hour high was 0.0304, and it’s down to the current price now. Isn’t a 22% drop still not scary enough? If 0.0205 can’t hold, the next support is around 0.018—only then is the left-side “buy-the-dip” entry point. Chasing now is just handing the dealer chips. My years of blood-and-tears experience: don’t catch falling knives during a fast drop—wait for a second confirmation.

Position control: keep it within 3% of total funds, and place staggered orders. If 0.0205 gets filled but volume doesn’t keep up, I’ll cancel the orders and wait. Discipline is discipline—no trades outside the plan.

Interaction: At this level, do you think there will be another new low next week? I bet the weekly line closes in red. Leave your view in the comments and let’s see who the real old bagholder is.

My tag: a dog-style sniper who bottom-fishes and waits for second confirmation.