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$PLAY That wick was beautifully executed. I’m the one who placed a sell order at 0.0108, and now it’s at 0.0079, down 26.4% in 24 hours, with 10.7M in trading volume—all that liquidity came from my dumping.
First, here’s how I played it: early in the session, I placed fake buy orders around 0.0105 to prop up the price, waited for momentum buyers to come in and push it up to 0.0108, then canceled my orders and dumped. I unloaded 3M in volume in an hour, driving it straight to 0.0072. Then I accumulated while it traded sideways in the 0.0072–0.0075 range. Now it’s at 0.0079. What you’re seeing is a “bounce”; what I’m seeing is that I’ve finished collecting my second batch of tokens.
The chart doesn’t lie. There was huge buying support at the 24h low of 0.0072—that’s my cost basis. A 26% drop sounds scary, but the 10.7M in trading volume means all the panic selling was absorbed. Retail traders are cutting losses; I’m buying the blood. Now the price is stuck at 0.0079, right at the upper end of my accumulation range. There’s minor resistance at 0.0085 above; once it clears, it’s a vacuum.
Here’s the direct trading advice: at the current price of 0.0079, you can try a small long position, no more than 20% of your position. Put your stop-loss just below 0.0072. If it breaks 0.0070, you must exit—that’s the market maker’s floor. If it breaks lower, then it’s a real sell-off. First take-profit target: 0.0088; second target: 0.0095. Don’t get greedy; it won’t revisit that 0.0108 wick anytime soon. The right-side confirmation signal is a high-volume hold above 0.0082. Don’t chase it without volume.
The guys in the group asked why I dared to buy in: because I was the one dumping, and I’m also the one catching it. I’m in control of this game. You can follow along and get a little, but don’t think you can compete with me for tokens. I’m controlling the pace; just keep your eye on 0.0072, the critical level.
Follow me. Before the next dump, I’ll give the group a heads-up. #每周来晒 #Gate广场中秋团圆局