Just woke up, what does this mean? Staring at my actions to give me coins?

I just looked at usual and built a position at 0.215, let me briefly explain my thoughts.
This coin has been on a downward trend since trading began on Binance before the market opened. I see many brothers in the plaza who bought this coin at high prices and are now trapped, lamenting their situation. Therefore, I have also been quietly monitoring this coin for several days.
So far, we can see that after several days of decline, the usual coin price has basically stabilized at around 0.2. Additionally, with today's correction in Bitcoin and a general decline in altcoins, this coin remains price stable, and the trading volume is not large. Therefore, we can assume that the selling pressure brought by the holders of Binance Launchpool has basically been digested, which means that those who wanted to sell have sold, and those who do not want to sell will have to wait until the official launch to make a decision.