$JCT I chased hard at 0.0195, and now it’s at 0.0086—more than a 50% loss. I’ll take the L on this one.

Yesterday, I saw it surge to 0.0213 with volume reaching 2 billion, and thought it would repeat its previous move, so I went in with half my position at 0.0195. But half an hour after I bought, it started slowly sliding, then plunged to 0.0074 overnight. It’s down 20.74% in 24 hours. I watched the order book all night; it was thin as paper, and a few large orders could knock it down several percentage points. My mindset went from “buy the dip” to “stop checking my phone.” In the end, I sold 70% at 0.0091 and kept 30% in case of a rebound. Looking at it now, I sold too late.
Two lessons: First, rising volume without price gains is a distribution signal. On the day it hit 0.0213, volume was 2054M, but the price couldn’t hold—I focused on the gains and ignored buying support. Second, with a coin like this, whose 24-hour range is nearly 65%, you have to set stop-losses in advance; you can’t exit manually. Those ten minutes of hesitation cost me another 8 percentage points.
At 0.0086, my advice is clear: if you’re not holding any, don’t buy the dip—wait for it to trade sideways on lower volume for two days first. If you are holding, sell half on a rebound to 0.0105-0.011, and exit unconditionally if it falls below 0.0074. Keep your position under 5% of your total capital. This coin may look liquid, but its actual market depth is poor. Moving in or out with a large position is just handing money to the whales.
Here’s my prediction: $JCT if it doesn’t get back above 0.0105 within three days, this is a continuation of the downtrend—don’t buy the “stop hunt” story. If you think I’m wrong, take a screenshot and come prove me wrong tomorrow. I’ll be waiting. Follow me, and check my post-mortem before you sell at a loss next time. #每周来晒 #Gate股票畅聊季