HYPE: Summary of hummus community discussions (04:00:09 ~ 05:00:09)

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1. Current Recommendation: Short HYPE. There are clear signs of overextended upward movement, and a short-term pullback is highly probable. Be wary of increased selling pressure above 30.3. No tentative entry points are suggested; a light short position is recommended on rallies. 2. Position and Risk Management Recommendations: We suggest starting with a small short position, keeping the leverage ratio below 20x. Strictly adhere to a stop-loss order above 30.5, and consider taking profit in the 29.0-29.3 range. Quickly implement stop-loss and take-profit orders to avoid prolonged holding and potential losses. There are no clear timeframe indicators; focus on short-term price levels. 3. Suitable for aggressive short-term trading, relying on short-term rallies followed by pullbacks, focusing on quick entries and exits, and avoiding prolonged positions. Be especially wary of bullish traps during rebounds; rebounds are opportunities to exit. Suitable for high-frequency trading to capture profits from volatile price swings.

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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