PIEVERSE this wave of market movement is worth paying attention to. Today, the daily chart surged by 60% directly, which is quite aggressive. But looking closely at the distribution of the gains, they are mainly concentrated in the evening rally, which is interesting——indicating that the market hasn't fully recognized it yet, and there's a bit of urgency.
From a technical perspective, the 0.86 level is a key point. If it can't break through, there's a high probability of a phased correction coming later. Conversely, this also presents a shorting opportunity.
The current price at 0.83 can be used to try to establish a short position, with a stop-loss placed above 0.885 to avoid being caught in a false breakout. As for the target levels, the first target can be around 0.772, then try 0.705, and further down there's the 0.65 level. If it really breaks below 0.65, then continue holding, and maybe you can catch a bigger decline.
In this kind of market rhythm, patience is very important.
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MEV_Whisperer
· 12h ago
I've seen this move of pushing up in the evening too many times; it's mostly a trap to lure more buyers. Going short at 0.83 feels more secure.
If it can't break through 0.86, then it's time to cut losses. I agree with this logic.
It's about patience and rhythm. To put it simply, you still need to stick to your stop-loss.
A 60% increase and you want to run? Don't rush, see if it can break 0.65 first.
This tactic is familiar—typical fake rally. I went short at 0.83.
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GasFeeAssassin
· 12h ago
I've seen this move to push prices up in the evening many times before, it's just to attract accumulation, then when retail investors follow, they start dumping.
Go short at 0.83 directly, I bet it won't break 0.86.
The rapid increase is the most unreliable, and this time PIVERSE won't be an exception.
Wait patiently, only when it drops to 0.65 is the real story.
Honestly, if a 60% increase was this easy to profit from, I would have been financially free long ago.
I'm watching the 0.772 level; if it breaks, I'll take action immediately.
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CryptoHistoryClass
· 12h ago
ngl, the evening pump screams capitulation energy... literally watching 2017 all over again with the urgency tells
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ruggedNotShrugged
· 12h ago
Tired of the evening rally move, always the same way to cut profits
I need to see if 0.86 can hold for my short positions; if it can't hold, I'll just give up
This kind of sudden market movement is most prone to blow-ups, so I think I'll wait
Entering short at 0.83 feels a bit greedy, worried about getting trapped
The key is whether it can break through 0.77; otherwise, it's just a repeated scam
Damn it, it's this kind of trap to lure more buyers again
PIEVERSE this wave of market movement is worth paying attention to. Today, the daily chart surged by 60% directly, which is quite aggressive. But looking closely at the distribution of the gains, they are mainly concentrated in the evening rally, which is interesting——indicating that the market hasn't fully recognized it yet, and there's a bit of urgency.
From a technical perspective, the 0.86 level is a key point. If it can't break through, there's a high probability of a phased correction coming later. Conversely, this also presents a shorting opportunity.
The current price at 0.83 can be used to try to establish a short position, with a stop-loss placed above 0.885 to avoid being caught in a false breakout. As for the target levels, the first target can be around 0.772, then try 0.705, and further down there's the 0.65 level. If it really breaks below 0.65, then continue holding, and maybe you can catch a bigger decline.
In this kind of market rhythm, patience is very important.