XAG: Summary of Binance Killers Community Discussions (09:00:09 ~ 10:00:09)

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1. The current recommendation is to remain on the sidelines and wait for structural confirmation before taking any action. $XAG has recently stabilized and rebounded strongly after a sell-off, but a clear trend has not yet formed. Blindly chasing the upward or short is not advised. Be patient and avoid entering the market prematurely when prices are overextended or when a pullback is expected. 2. Position and Risk Management Recommendations: It is recommended to avoid heavy positions for now, adopting a light position or trial order strategy. Wait for the price to stabilize above $78-80 and confirm support before considering adding to the position. Pay close attention to the US dollar index; if the dollar strengthens, a stop-loss order must be placed immediately. The stop-loss point can be set below $78, while the take-profit level should be dynamically adjusted based on trend confirmation. 3. This trading style is suitable for conservative medium-term investors, emphasizing structural confirmation and patient waiting. Aggressive short-term trading with quick entries and exits or holding positions for too long is not recommended. Currently, there are no clear catalysts; trend investing is advised, avoiding frequent trading during periods of market volatility.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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