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$PARTI Down 25% in a day—how much is left in the accounts of those who chased the price at 0.0498? People in my group have already posted screenshots showing 40% losses. This isn’t a pullback; it’s a guillotine.
Just reading the charts: over 24 hours, it plunged straight from 0.0498 to 0.0358, down 25.59%, with a trading volume of 25.6M—a high-volume drop, not a low-volume shakeout. The big players are really selling. The current price of 0.0364 is barely 0.0006 above the low. It hasn’t even formed a decent lower wick, which shows selling pressure hasn’t been fully absorbed. On the daily chart, it has fallen below all short-term moving averages. The 0.042–0.045 range has turned from support into a hard ceiling; any rebound into that zone is a chance to reduce positions.
The technical signals are clear: a breakdown followed by an accelerated decline, with no divergence and no signs of a bottom. 0.0358 is the last line of defense; if it breaks, the next levels are 0.032 and even 0.030. Don’t rush to buy the dip. Wait for one of two things: either a low-volume retest of 0.0358 that holds and closes with a long lower wick, or a high-volume recovery above 0.040. Jumping in now is like catching a falling knife.
Remember the trading plan: don’t chase shorts or buy the dip at the current price—wait and see. Short in stages on a rebound to 0.042–0.044, with a stop-loss at 0.047 and a target of 0.032. Keep your position below 20%; with volatility like this, going all-in is gambling with your life. Only consider a small long position near 0.0358 as a test, with a stop-loss at 0.034. If it breaks, exit unconditionally.
Technical targets: 0.032 below, with 0.028 as the extreme case; rebound resistance at 0.042. Technically, this coin is in the middle of a downtrend. Don’t talk to me about faith—I only trust price levels until the chart reverses. Follow me; I’ll post breakdown moves like this in the group as soon as I spot them. #每周来晒 #Gate广场中秋团圆局