$$COAI Evaporated 17% in a single day with volume only 8 million? This 0.09 spread is enough to wash out three waves of retail floating shares.

As a market maker, I hate two types of market conditions: first, high-level volume expansion with stalled upward movement; second, low-level volume-less slow decline. COAI's 24-hour trend perfectly falls into the second category – it crashed from 0.3646 to 0.2757 in just 6 hours, but when it bounced to 0.2906, volume shrank by 60%. What does this mean? The panic sellers haven't fully fled, and the bottom-fishing buyers dare not step in. 0.2757 is likely not the bottom, but a fake support I use to test market selling pressure.
Look at the capital flow: 24h turnover is 8 million, but large order net inflow is only 370k. The trapped positions above 0.3 account for at least 65% of the chips, and these people are now facing a paper loss of 15%-20%. If we dare to pull back to 0.32, I guarantee they will run faster than rabbits. So my plan is simple: at tomorrow's open, first crash through 0.2757 to let the technicians stop out, then wait until volume shrinks below 5 million, then slowly accumulate using million-level orders. Target accumulation range: 0.26-0.28, position control within 30%.
Operation suggestion: Do not touch the current price of 0.29. Set a pending order at 0.265 to ambush, stop loss at 0.255 (once it breaks, it will accelerate to 0.23). First take-profit on rebound at 0.31, second take-profit at 0.34. If it breaks through 0.3 with volume during the day and holds for 10 minutes, chase with 20% position to bet on gap fill. Remember, shrinking volume decline is the market maker's loneliness, while expanding volume with stalled upward movement is the graveyard for retail investors. The market never lies.