$$PUNDIX 0.0924 dropped 14%, who chased after the spike to 0.1248 last night? Let me say it again, this is a typical distribution structure.

Yesterday afternoon, our team placed sell orders around 0.12, coordinated with the news to push it up to 0.1248, and simultaneously initiated high-frequency selling pressure. Looking at the trading volume of 85M, that single upper wick took out 38% of the volume. Now it's pulling back to 0.0906, right at the lower edge of the previous dense accumulation zone, but there's no sign of volume-backed stabilization.
In terms of operations, you can position a small amount between 0.088-0.092, with a stop loss at 0.086. If it breaks that level, it means it needs to fill the gap at 0.08. When it rebounds to 0.098-0.1, sell a third first, then halve around 0.105. Don't expect a V-shaped reversal; for a coin with such high control, the big players need a second bottom to wash out the chasers.
If 0.09 holds without breaking, I'll wait within two days for a shrinking-volume doji to add positions. Remember, the chart doesn't lie.