FOLKS this coin's trend is indeed worth analyzing. Let's review the history: from 3.4 starting point to a peak of 46, that wave was quite fierce. However, the subsequent decline was also sharp, halving over 90%, and now it hovers around 4.7.



From the daily chart, we can see some signs of a rebound in the current trend. Although it has dropped significantly from the high, such extreme dips are often followed by a strong rebound. Technically, this position is not bad.

In the short term, you might consider a light position to try. No need to wait; you can also build positions gradually. After all, in this price range, the risk-to-reward ratio has become interesting. Of course, proper position management is the key.
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TokenUnlockervip
· 7h ago
From 46 to 4.7, this drop is quite harsh, but cheap goods often come with surprises. Try a small position, anyway, it's already like this. I missed the wave from 3.4 to 46, and now this price is indeed a bit interesting. How to say, after an extreme dip, either die or become active; taking a gamble is also an option. The risk-reward ratio is right here, let's see who dares to take the plunge. Will it rebound? Not sure, but this guy's analysis logic still makes some sense. When it was at 46, why didn't anyone remind me? Now that I say go in with a small position, it's probably too late. But on the other hand, these kinds of heavily crushed coins often rebound; it just depends on how far it can bounce back. At the 4.7 level, I think a small play is fine, just don't go all in. Surviving after a more than 90% cut shows there are still believers, so just keep watching.
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ETHmaxi_NoFiltervip
· 7h ago
From 46 to 4.7, how desperate is this decline... But then again, such deep dips often rebound fiercely. I think the technical aspect is also quite interesting. Playing with a small position? Alright, at least you won't die from it. Falling from 46 to 4.7, how many people are trapped? Just thinking about it hurts. Is this a good entry point? I think it's a gamble, but I'm just worried the rebound might turn into a reversal. A rebound after an extreme dip... sounds right, but I always feel something's off with this coin. The idea of building a position gradually isn't bad; let's see if it can reverse this devilish trend later. The guys who didn't sell at 46, now looking at 4.7, still have to grit their teeth and play. Truly desperate.
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BearMarketMonkvip
· 7h ago
Falling from 46 to 4.7, this is a textbook example of a cycle. The rebound energy looks strong... To be honest, I believe that survivor bias is at play. The bottom logic always sounds so compelling, but in reality, not many actually make it through.
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BridgeNomadvip
· 7h ago
tbh folks just screams "liquidity trap" to me after that 90% flush... seen this movie before, trust me
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