$RED A brutal one-day shakeout: down 19% in 24 hours, with a low of 0.1095. It’s now at 0.1209. Someone in the group asked if it was going to zero. I gave one answer: a sharp drop doesn’t automatically make it a buy; it depends on the price level.

Market sentiment is clear: trading value is 14.2M, and the price is falling on rising volume. This isn’t a slow decline on low volume; someone is actively selling. From a high of 0.1525 to a low of 0.1095, the range is nearly 30%—a typical sentiment-driven sell-off that liquidates leveraged positions. It’s now moving sideways around 0.12, a weak recovery after the sharp drop, not a reversal signal.
My plan is simple: don’t try to call the bottom. Entry: scale in between 0.114 and 0.118, buying only on pullbacks, not chasing highs; keep the initial position under 20%. Stop-loss: exit immediately below 0.108. A break below the 24-hour low means selling pressure isn’t over, so don’t hold on. Take profit: first target 0.132, second target 0.142. Reduce at those levels; don’t get greedy for the last tick. Position size: keep total exposure under 30%, and save some powder for a second test of the lows.
Looking at fund flows, there’s no obvious accumulation after this sell-off. If rebound volume can’t keep up, it’s an exit rally. Don’t chase above 0.125; buying there just gives trapped holders a chance to exit at your expense. No trades outside the plan. #Gate广场中秋团圆局