$CC this wave of market movement is indeed worth caution. From 0.05 rising all the way to 0.17, a gain of more than three times has fully released the upward momentum. Now it looks a bit虚 (uncertain or虚虚的).



The signals on the daily chart are quite clear— the downtrend has already started, and the key support level is about to be broken. This is actually a good window for shorting.

Especially, a certain leading exchange's futures contracts haven't yet synchronized with the spot market, with liquidity集中 (concentrated) and volatility at its maximum. Using low leverage to lay in wait is quite reasonable from both technical and risk-reward perspectives. There's no need to rush at this point; waiting for confirmation of support breakdown before entering would be more prudent.
CC-1,57%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
ContractExplorervip
· 5h ago
A threefold increase is already starting to look fake. Be cautious with this wave. Once the support level breaks, it will drop directly, and the shorting opportunity opens up. Use low leverage to position, wait for the break below before going long, stay safe.
View OriginalReply0
HalfPositionRunnervip
· 14h ago
Still want to chase after a threefold increase? This wave is all talk, I’ll wait and see until the support breaks.
View OriginalReply0
NftBankruptcyClubvip
· 01-06 09:01
Hey, a threefold increase just leaves me breathless. This is what it feels like at the ceiling. Is the support level about to break? I feel like this analysis is a bit over the top. Anyway, I can't understand it. Laying low with a low leverage sounds good, but I'm just worried that liquidity might disappear suddenly. Staying put at this level isn't a bad idea; there's no need to rush.
View OriginalReply0
LuckyBearDrawervip
· 01-06 08:54
The threefold increase was a false alarm; this short opportunity is really worth considering.
View OriginalReply0
ComebackDdddvip
· 01-06 08:36
A clone with a market cap of over 4 billion, drop it to death, a tenfold decline wouldn't be excessive.
View OriginalReply0
BrokenRugsvip
· 01-06 08:36
Uh... 0.05 to 0.17 is when they say the potential energy is fully released? I feel like it hasn't even started yet. Let's wait until the support breaks before saying anything. Entering this kind of long trap now might just get you trapped.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)