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$AGLD In 24 hours, it dropped 22.65%, from 0.2665 down to 0.2018. The pain is enough to buy you a week's worth of takeout. Is this a panic sell-off or a golden pit?
Bullish reasons: Trading volume of 440 million indicates someone is buying heavily at low levels; 0.1923 forms short-term support; high volume at the bottom is often a precursor to a minor reversal. Bearish reasons: Still daring to catch a falling knife with a drop of over 20%? 0.2665 is strong resistance; when the overall market is unstable, such halved coins are most prone to continued gradual decline; panic sentiment has not yet been fully released.
My suggestion: Tentatively enter 10% position around 0.195, must cut losses if it breaks below 0.185, take profit first at 0.22. If you want to gamble on a rebound, don't use leverage; the volatility at this level can keep you up all night. Remember, I (Xiao Lin) only act after the decline stabilizes. Has it bottomed yet? You know in your heart.
If it can rise, comment 1; if it will crash, comment 2.