$GIGGLE this wave of market actually feels a bit虚。The rebound lacks volume follow-through, and funds in the MEME sector are quietly flowing out. The overall market hasn't given much opportunity. To put it simply, cryptocurrencies that rely purely on charity concepts and celebrity effects, without real ecological support, are uncertain about how far the trend can go.
From a technical perspective, the $70-76 range is very critical—what was once support has now become resistance above. If the rebound stalls near $76 or if the price closes below $70 on the 4-hour chart, then the opportunity for a bearish move arises.
The simple trading logic is this: wait until the rebound weakens near $76, especially when the 4-hour closing price drops below $70, then enter a short position. The first target is to hit $60, and if luck is on your side, you might reach the previous low of $47. Set the stop-loss just above the $76 breakout line on the 4-hour chart.
Currently, going short at market price might be a bit aggressive, but if you are confident that the overall trend is downward, with proper stop-loss management, the risk remains controllable.
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NeonCollector
· 01-10 20:58
Charity coins and the "cutting leeks" scam are really the same thing; this time it's happening again.
I'm already tired of GIGGLE; the funds have all run out, and they're still bragging about it.
If you can't break through 76, you should start thinking about how to run away.
The celebrity effect is the ultimate reason for the "bag holder" mentality.
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NonFungibleDegen
· 01-09 22:36
ngl giggle's looking mad sus rn... charity coin vibes without actual fundamentals? that's a recipe for getting rekt tbh. meme money always flows out eventually ser
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OnChainSleuth
· 01-07 21:45
Charity coins + celebrity effect, I've seen this routine too many times, it will collapse sooner or later
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The capital outflow is real, the rebound with no volume doesn't mean anything? It just means no one believes
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The 76 level must be defended, if it drops below 70, it's time to run
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MEME concept coins have no ecosystem support, entering now is just betting on popularity, it's too虚
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Exactly, relying solely on hype can't last long, better to exit early and feel at ease
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Fluctuating between 70-76, it's quite annoying to watch, better wait for clear signals before acting
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Going straight for market price shorting might be a bit hasty, I'll wait for the rebound to be in place
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These kinds of coins are just templates for cutting leeks, with zero ecosystem support, it's all useless
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The main trend is downward, no mistake there, but stop-loss should be set properly, don't be greedy for those few points
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Silent capital outflow is the most genuine signal, charts are all虚
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TeaTimeTrader
· 01-07 21:32
The concept of charity can't be hyped for too long; funds have already been flowing out.
MEME is like that; once the hype passes, nothing remains.
The 76 level is really crucial; if it breaks, be cautious.
I never touch coins that rely solely on celebrity effects; the ecosystem is zero.
Let's see if the trading volume picks up again; right now, the rebound is so weak.
That's right, there's really no good opportunity in this wave; it's better to stay on the sidelines.
The $47 wave was the low point, but whether it can be touched again is still uncertain.
Be cautious when shorting; have you set your stop-loss?
The MEME sector has really been struggling lately; where has all the capital gone?
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PumpDoctrine
· 01-07 21:29
Charity concept coins are like this; they disperse with a breeze. Without an ecosystem to support them, they'll eventually fade away.
$GIGGLE this wave of market actually feels a bit虚。The rebound lacks volume follow-through, and funds in the MEME sector are quietly flowing out. The overall market hasn't given much opportunity. To put it simply, cryptocurrencies that rely purely on charity concepts and celebrity effects, without real ecological support, are uncertain about how far the trend can go.
From a technical perspective, the $70-76 range is very critical—what was once support has now become resistance above. If the rebound stalls near $76 or if the price closes below $70 on the 4-hour chart, then the opportunity for a bearish move arises.
The simple trading logic is this: wait until the rebound weakens near $76, especially when the 4-hour closing price drops below $70, then enter a short position. The first target is to hit $60, and if luck is on your side, you might reach the previous low of $47. Set the stop-loss just above the $76 breakout line on the 4-hour chart.
Currently, going short at market price might be a bit aggressive, but if you are confident that the overall trend is downward, with proper stop-loss management, the risk remains controllable.