$FIGHT Short-term Plunge Analysis & Action Plan 🚨

Current Price: 0.007805, the 15-minute chart shows a high volatility downtrend. Among the last 10 K-lines, bearish lines dominate with an average price change that is negative, key drops are observed in the 1st and 8th medium bearish lines, accompanied by significant trading volume (e.g., the 8th with 46.25 million), indicating concentrated selling pressure release. 🔥 Although the 9th line shows a strong bullish rebound, the 10th line immediately weakens, indicating that the bulls are losing strength and market sentiment is bearish.

💡 Short-term Strategy:

1. Trend-following Short Position: If the price cannot stabilize above 0.0079 and trading volume shrinks, consider opening a light short position near 0.0078, targeting near the previous low (refer to the low of K-line 1), with a stop loss set above 0.008.

2. Grab the Rebound Long Position: Aggressive traders can bet on a rebound when there is a sharp drop to strong support (e.g., 0.0075) and a long lower shadow appears, in and out quickly, with strict stop losses.

📊 Key Points: The market is in a “high volatility” state, K-lines with a large proportion of body (e.g., the 9th at 85.1%) show clear direction, and it is necessary to closely follow the volume signals. Control your position and do not hold onto losing trades!