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$MVLL I really missed a big chunk of this move. When I lost $180k last year, nobody told me I’d be able to make it back with this today. It’s at 12.24 now, up 24.64% in 24 hours, with a low of 9.25 and a high at the current price. Trading volume is 49.4M—this is backed by real volume, not a fake pump.



Let me pour some cold water on this: chasing a move this big in a single day is just feeding the market makers. But looking at the data, the 9.25–12.24 range has seen ample turnover, and 49.4M in trading volume is active for a small- to mid-cap asset, which shows real money is buying in. The key is that the price closed at the 24-hour high, with no upper wick, meaning the selling pressure has been fully absorbed.

I have a two-stage plan: enter an initial position on a pullback to 11.2–11.5. That’s the 0.5 retracement level of today’s move, as well as the neckline of the high-volume breakout. Set a stop-loss below 10.8; a break below that would mean it was a false breakout. For the second stage, wait for it to hold above 12.5 before adding, with a target of 13.8–14.2, where a lot of coins changed hands previously. Keep your position below 15% of your total capital. Going all-in on this kind of volatility is gambling with your life.

I haven’t seen any unusual large transfers on-chain, and there’s no new fundamental narrative either—it’s purely capital-driven. So don’t talk about conviction; just take the swing trade and get out. I lost so badly last year because I stubbornly held on. I’ve learned my lesson this time: the faster it rises, the more decisive you need to be about taking profits.

One last question: did you buy the bottom at 9.25, or, like me, only wake up when it hit 12? Drop your entry price in the comments—I want to see how many fellow sufferers there are. Follow me, and I’ll try to post earlier next time before a move like this. #每周来晒 #Gate广场中秋团圆局
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Comment 5
RiskBudgetCPA
Having lost $180k before, a 15% position really should be listed in the table header
PopcornViewer
The popcorn’s just been heated up. You guys go ahead and fight; I’ll check the cost-price distribution first and decide after that
VWAP_Believer
From 9.25 to 12.24, enough time to print three bullish candles
Max21Drawdown
The absence of an upper wick doesn’t mean there won’t be one tomorrow
GasWhisperer
Gas Genie didn’t say anything last night; looks like this isn’t a trade I should take