STABLE this wave of market movement is still quite interesting. After four consecutive trading days of gains, today’s candle closed with a slight downward trend, but there are no signs of a trend reversal. Starting from the bottom at around 0.0091, the support level since the rebound has been quite solid. Yesterday’s 24-hour trading volume was also good, and the high trading volume reflects the market’s recognition of this price level.
Looking at the 15-minute chart, this kind of pullback is a typical short-term shakeout. Instead of waiting, it’s better to decisively enter long positions at this moment. Such times are often good opportunities to pick up positions at low levels.
However, be mentally prepared — there may still be slight fluctuations and a bottoming process before a rally, which is normal. If you do it right, the returns can still be quite substantial. Of course, everyone’s risk appetite is different, so if you’re bearish, you can also take a reverse position. The most important thing is to be responsible for each of your investments.
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OnChainDetective
· 9h ago
ngl, that volume spike yesterday feels kinda orchestrated to me... traced the wallet clustering and the distribution patterns are sus. typical accumulation signature before a dump, not exactly what they're painting here. statistical anomaly imo.
Reply0
StillBuyingTheDip
· 9h ago
It's just a shakeout, anyway I've already bought in.
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I believe in solid support levels, but I'm worried there might be another crash later.
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Every time I say buy the dip at low levels, but I still get caught.
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The trading volume is good, right? Then I'll keep adding to my position and try.
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People who bought the dip at 0.0091 should be smiling now.
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We agreed not to gamble, but I still couldn't resist copying the trades.
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I've seen many of these shakeouts; usually they lead to a rally afterward. Let's take a gamble.
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Different risk preferences mean some people will lose money.
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A slight downward candle isn't a big deal; compared to those coins that crash, we're doing pretty well.
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The 15-minute chart is a short-term view, but there's still a possibility of further decline.
View OriginalReply0
All-InQueen
· 9h ago
Shakeout, shakeout, it's really time to enter the market now
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That support at 0.0091 is solid, but I still want to wait and see
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The trading volume looks so good, bulls should be fine
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Enduring the bottoming process, who can stand it, but if you're making money, it's worth it
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Everyone's risk preference is different, there's nothing wrong with that statement
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Picking up chips at low levels sounds easy, but in practice, you still need to be cautious
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Four days of continuous rise suddenly turn slightly bearish, this is indeed a shakeout tactic
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Decide to enter? Or wait and see if the support levels are solid
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Being responsible for your own investments, there's no room for debate
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Short-term shakeout, it feels like more turbulence is coming
STABLE this wave of market movement is still quite interesting. After four consecutive trading days of gains, today’s candle closed with a slight downward trend, but there are no signs of a trend reversal. Starting from the bottom at around 0.0091, the support level since the rebound has been quite solid. Yesterday’s 24-hour trading volume was also good, and the high trading volume reflects the market’s recognition of this price level.
Looking at the 15-minute chart, this kind of pullback is a typical short-term shakeout. Instead of waiting, it’s better to decisively enter long positions at this moment. Such times are often good opportunities to pick up positions at low levels.
However, be mentally prepared — there may still be slight fluctuations and a bottoming process before a rally, which is normal. If you do it right, the returns can still be quite substantial. Of course, everyone’s risk appetite is different, so if you’re bearish, you can also take a reverse position. The most important thing is to be responsible for each of your investments.