$LAPTOP

‌ has been one of the most brutal launch-day collapses the market has seen in a long time. The 4-hour chart you shared tells the story of a token that went from a peak of 8.983 all the way down to 0.326, and it is now trying to find a bottom at 0.363.

The entire launch was a disaster. The token opened on Base on September 9 and hit $190 within two minutes, giving it a fully diluted valuation of $144 billion while the liquidity pool held only $48,000. Within the first hour, it had crashed 98% down to $3.70. The team blamed sniper bots and insufficient liquidity. But the on-chain data shows a multisig wallet received 100 million tokens a week before trading opened and offloaded 42.5 million of them, while market maker GSR received 15.5 million tokens and has been distributing ever since. Roughly 80% of traders who bought LAPTOP ended up losing money, with about 100 traders losing between $10,000 and $100,000 each.

Hunter Biden himself denied profiting from the token and said neither he nor his team sold. But the damage was done. The token has become a textbook example of how thin liquidity and pre-launch token distributions can destroy retail buyers.

Looking at the chart, price is now sitting just above the 0.326 support level. The EMA5 at 0.385 and EMA10 at 0.492 are both well above the current price, confirming the bearish alignment. The MACD is deeply negative with DIF at -0.418 and DEA at -0.416, and the histogram is barely moving, which tells me the selling momentum has slowed but there is no real buying pressure stepping in yet. Volume has dropped to 377.65K, far below the 10-period average of 1.35M, meaning the panic selling has exhausted itself but buyers are not showing up.

If LAPTOP can hold above 0.326, a speculative bounce toward 0.45 and 0.55 is possible. But if it loses that support, the next stop is likely 0.25 and then 0.15.

Entry: 0.350 - 0.365
Stop Loss: 0.310
TP1: 0.420
TP2: 0.500
TP3: 0.600

This is not a "buy the dip" setup. This is a falling knife with a broken token structure and 30% of the supply still locked for founders, vesting over two years. Trade with extreme caution, keep position sizes tiny, and never risk money you cannot afford to lose.

Do you think LAPTOP can find a real bottom here, or is this heading toward zero? Drop your thoughts below.