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$G I drew this -16.77% bearish candle. I drove the price down from 0.0043 to 0.0035, with 24-hour trading volume at 85.4M. Volume picked up, but the price stayed pinned at the low—that’s a high-volume sell-off, not a shakeout. My playbook has three steps: in the morning, use a small amount of tokens to break below the psychological 0.0040 level and trigger stop-losses; around midday, keep it flat at 0.0037 so dip buyers think it’s found support, then push it down again; at the close, finish at 0.0035, leaving a full-bodied bearish candle to keep people opening tomorrow in a panic. At least 30% of the 85.4M in trading volume came from my wash trades, the aim being to create the illusion of liquidity and attract momentum traders to take my tokens above 0.0038. The fundamentals? The project team has made no announcements this week, but there have been several large on-chain transfers from team wallets to exchanges, timed six hours before the drop—you be the judge. Technically, 0.0035 is the previous low support, but after a high-volume breakdown, support is just paper; the next area of meaningful buying support is 0.0030–0.0032. Trading advice: don’t chase a short at the current price; wait for a bounce to 0.0037–0.0038 and try a small short, with a stop-loss at 0.0040 and take-profit at 0.0031; keep your position below 20%. If you want to go long, place orders only near 0.0030; exit unconditionally if it falls below 0.0028. My personal motto in one sentence: I only trade against the market based on on-chain data; I don’t fall in love with candlesticks. The market doesn’t lie. #Gate广场中秋团圆局

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SeedGuardian
an hour ago
Talking about this at the Mid-Autumn Festival reunion—the vibe on Gate Square is pretty hardcore.
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M2Hunter
an hour ago
Testing a short with a 20% position—this risk management is much more conservative than mine
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MAWeaver
2 hours ago
Set a long order at 0.0030, with a stop-loss below 0.0028. The range was pretty accurate
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SafetyPadPlayer
2 hours ago
A high-volume breakdown turns support paper-thin—a textbook case of classic volume-price divergence
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L2Cat
2 hours ago
Only take the other side based on on-chain data—this should be engraved on your forehead
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FraxFarmer
2 hours ago
First Review
A bearish candle with no lower wick + expectations of a low-volume rebound; likely one more shakeout tomorrow morning
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