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$BULLA Down 18.4% in a day. I chased a long at 0.0312, and when I woke up, it was already at 0.0268. My 0.0285 stop was blown straight through, slippage took a bite, and I cut at 0.0271—down 6.8 points. I accept it.


One-line postmortem: I chased after that volume-backed bullish candle at 0.0340. At the time, 24h trading volume was barely over 20M and the price was around 0.0330. I told myself, “Breakout confirmed on the retest,” but the retest went straight through support. The lesson: volume didn’t strengthen before the price, so the breakout was fake. It’s at 0.0272 now, with a 24h low of 0.0235, and trading volume has actually risen to 48.2M—that’s panic selling changing hands, nothing good.
My plan: wait to place orders in the 0.0235–0.0250 range, stop loss at 0.0218 (get out if it breaks below the previous low), take profit at 0.0298 for the first target and 0.0330 for the second. Use only 20% of my position; no averaging down, no holding on. I’ve learned my lesson about chasing rallies this time. A disciplined trader doesn’t sell in a panic or chase highs.
No trades outside the plan. #每周来晒 #Gate广场中秋团圆局
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BULLABULLA+10.92%

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Comment 2
FloorPriceProbe
I chased the move after a high-volume bullish candle. The script detected an unusual density of limit orders at 0.0332 at the time, but I didn’t think much of it. Looking at it now, on-chain data sounded the alarm ten minutes before the candlestick chart.
LiquidityReaper
Panic selling changes hands; liquidity is too good to pass up.