Single position recovered 700k. Last cycle, it was this exact meme play that cut my portfolio in half. A while ago, I saw $M drop from 2.8 to 0.4, a 68% amplitude that triggered all my past painful memories of buying high and selling low. Got an itch, so I tried a small position on the bounce, and unexpectedly it gave me a nice chunk of profit.

Current real-time data: 0.8885, 24h trading volume is still 188 million USD. Note, this is the volume after the crash, what does it indicate? Panic selling and bottom-fishing are both in play. From 0.4 to 0.8 it has already doubled, but the volume pattern is subtle — if more than 40% of this 188 million is buy orders, then the current level is not the top, but a retest confirmation after the whales' washout. I did the math precisely: the 0.82-0.85 range is a high-volume area. If this support breaks, it may retest 0.6. But if it continuously expands volume above 0.9, the target can be 1.2.
My trading plan: Currently holding 15% position, cost basis 0.78. Next step: place a limit order to add 5% at 0.85; if it breaks 0.82, immediately stop-loss and exit half of the position; if it stabilizes above 0.9, add 10% to bring total position to 30%, and move stop-loss up to 0.8. Take profit in two tranches: sell 15% at 1.05, and the remaining 15% at 1.2. Remember, this is a high-volatility asset; position sizing is more important than directional bias. Last cycle, I died from going full margin and holding through the drawdown.
Finally, a real survey: What is the single coin you've lost the most on? Write it in the comments. Let me see if anyone has lost more than my 1.04 million loss on the GameStop wave.