The alarm is ringing again. Lobster #2 dropped -26.4% over the past 24h, and the comments section has blown up. This coin has pulled back more than 20% from its 0.0875 high, and the current price is hovering around 0.0695. Volume has expanded to 26.54 million, which is a high-volume dump, not a low-volume drift down. This kind of price action is especially painful for bulls.

First look at the position: RSI has already fallen into the 17-33 range, firmly in oversold territory, but oversold does not mean it’s safe to buy the dip. The market is dominated by bears, retail 24h short leverage is 2.7x, bearish sentiment is still intensifying, and the crowd is almost unanimously calling for a drop, with targets all pointing to 0.061-0.055. When sentiment is this one-sidedly bearish, it’s actually worth staying cautious, but there are no signs of a trend reversal right now, so don’t fight the trend.

On the social data side, on X there are basically no voices from KOLs; the discussion buzz is mainly propped up by retail traders. BSQ 41 isn’t high, which suggests this coin is currently a playground where retail traders are trading against each other, with no big capital coming in to lift the market. The 4h sentiment is bearish; out of 14 mentions, there are 0 KOLs—it's all retail traders shouting. In terms of this “quality,” any rebound should be discounted in strength.

Operational mindset: make it clear—don’t rush to catch the dart at this level. If you’re aiming to profit from a rebound, wait for the price to stabilize and hold within the 0.063–0.071 range. Only then consider it if you see a signal of reclaiming 0.072 with increased volume. Set your stop-loss below 0.061. For short sellers, don’t chase either—everything is already down 26%. The downside room is 0.061–0.055, but the risk-reward ratio isn’t as favorable as it was at the start of the move.

This move is the second consecutive continuation in the same direction within 24h, indicating that the downside momentum is still being released. A few people are calling to buy from 0.063–0.071 and go long—this kind of contrarian attempt to catch a rebound must keep position size light; don’t turn a trend entry into a “scale-in” order. Until the short side targets are reached, rebounds are essentially ammunition for the shorts.

Data snapshot: current price 0.0695 | 24h -18.84% | Volume 26.54M | RSI 17–33 | Retail shorts 2.7x

Don’t randomly catch the dart—wait until it’s holding steady before acting.

—— 15:01 Market notes