TRX this wave of market movement is quite interesting. My view is to look for opportunities to go long within the range of 0.28910 to 0.28565, which is a relatively support level.
If it moves up, first see if it can stabilize at 0.29255. If it breaks through smoothly, continue to chase near 0.29630. But honestly, no matter how perfect a trading plan is, it can't withstand sudden market reversals — the market can change face at any time. So the key is to stay close to the trend and adjust flexibly, rather than rigidly sticking to the plan.
I want to emphasize that for this kind of short-term trading, setting a stop-loss is essential; otherwise, a sudden plunge could easily cause issues with your account. Let the data speak, follow the real-time market, and only then can you keep the risks within your manageable range.
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SellTheBounce
· 01-06 00:08
Support levels can go even lower; don't be fooled by this rebound.
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Long? I'll wait until it breaks below 0.285. History shows there's always a bagholder at the top.
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Setting stop-losses is correct, but what you should really be asking is—why chase this move?
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Hold steady at 0.29255? Ha, the market can change quickly, don't trust your plan too much.
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Sell on the rebound—that's the way to stay alive.
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Short-term trading is just gambling, just dressed up with technical analysis.
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Does data speak? The data has been repeating the same lesson: the longer you hold, the worse you lose.
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I'm watching this price level; patience and waiting for the bottom is the real deal.
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Can't withstand the market turning—exactly, your perfect plan is just a joke in the eyes of the market.
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quietly_staking
· 01-05 22:46
You really need to pay attention to stop-loss; otherwise, a single spike can blow up your account.
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BrokenDAO
· 01-04 15:48
Basically, it's just gambling on probabilities. No matter how sophisticated the support levels are, they can't withstand a negative news story. I've seen too many perfect plans collapse in the face of unexpected events.
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DataOnlooker
· 01-04 15:40
The concept of support levels has been heard too many times, and in the end, it still gets broken through.
Hey, someone is talking about the importance of stop-loss again. I'm just wondering why so many people don't listen.
Can it really hold at 0.28910? I'm a bit skeptical.
But this approach is okay, better than those who shout randomly.
The point about stop-loss is correct; otherwise, it’s really easy to get wiped out.
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SudoRm-RfWallet/
· 01-03 03:49
Support levels indeed need to be considered, but what's truly important is how the actual market behind these numbers moves.
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GateUser-9ad11037
· 01-03 03:48
Still messing around haha, these TRX numbers are a bit confusing to me, anyway I can't keep up
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When it comes to stop-loss, it's easy to say but really hard to do. Always thinking I can wait a bit longer to break even
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Did anyone really buy the dip at the price of 0.28910? Feels a bit fake this time
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Forget it, I’ll just hold honestly. Short-term trading is too mentally exhausting
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Adjusting flexibly according to the trend, easy to say but very difficult to act on, the market suddenly shifts and I get totally confused
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I see your analysis is spot on, but I still bet five bucks that I’ll end up stopping out
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ChainSpy
· 01-03 03:46
Support levels are a bit mystical; I always get them wrong.
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MetaverseLandlord
· 01-03 03:32
No matter how precise the numbers are, if the market turns around, it's still useless.
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MrRightClick
· 01-03 03:31
You really need to pay attention to stop-loss; otherwise, a single pullback could lead to liquidation.
TRX this wave of market movement is quite interesting. My view is to look for opportunities to go long within the range of 0.28910 to 0.28565, which is a relatively support level.
If it moves up, first see if it can stabilize at 0.29255. If it breaks through smoothly, continue to chase near 0.29630. But honestly, no matter how perfect a trading plan is, it can't withstand sudden market reversals — the market can change face at any time. So the key is to stay close to the trend and adjust flexibly, rather than rigidly sticking to the plan.
I want to emphasize that for this kind of short-term trading, setting a stop-loss is essential; otherwise, a sudden plunge could easily cause issues with your account. Let the data speak, follow the real-time market, and only then can you keep the risks within your manageable range.