Wait for the price to return near support before reassessing; it’s much more measured than chasing in the moment the news breaks.
Take this example: Aerodrome and Velodrome plan to merge and upgrade to Aero on October 22, with an initial supply of around 2.11 billion tokens.
Pay close attention to the timing between price action and the news: whether the price moves ahead of the news or only after it breaks makes a difference.
$ETH 。

Just a quick note—make your own decisions about what to do.