$ERA If you're itching to jump in today, you'll most likely be providing exit liquidity for people up 19%. Let me make this clear: don't touch it.

Let's review my trade. I placed an order around 0.0715 yesterday, when the 24-hour low was 0.0714, so I got in almost right at the floor. Trading volume was only 29M—not much, so the price can slip when the order book gets hit. The logic was simple: there was volume supporting it near the previous low, so I bet on a bounce. But today it shot straight up to 0.0862; it's now at 0.0854, up 19.48%. I sold 70% at 0.0835 and kept the remaining 30% to see if it can test the previous high. I set my stop at 0.0790, a little above my entry to protect my breakeven. The two hours I was holding it were honestly nerve-racking. The faster it rose, the more nervous I got, because a rally of this magnitude has no spot-market depth behind it, and it could reverse in a flash.
One lesson: with coins that swing nearly 20% in 24 hours, you're making money off sentiment, not value. You see a 19% gain; I see a move from 0.0714 to 0.0862 that's already been eaten up. Getting in now means catching the last pass.
If you really want to play it, here are the conditions: only try a small position on a pullback into the 0.0800-0.0810 range, with no more than 5% of your total capital. Set a stop at 0.0770 and exit if it breaks below. The first take-profit target is the previous high at 0.0862, and the second is 0.0900. Chasing at the current price of 0.0854? Not me. The risk-reward here no longer makes sense: there's less than 6% upside, while a pullback would mean a 7-8% drop.
I'm the conscientious Gate blogger who tells people to stay away, here to pour cold water on you when you're getting carried away. I've made money and taken hits with my own cash on this move. Follow me, and I'll tell you to steer clear before the next pump. Are you sitting on the sidelines with no position, or are you already stuck at the 0.0862 peak? Check in in the comments—I want to see how many people need talking out of it. #每周来晒 #Gate股票畅聊季