1. Current Recommended Direction STABLE is currently recommended for short. It is under short-term pressure and there are signs of overextension in the upward movement. Be wary that any rebound may be a window to exit. It is not recommended to chase the upward trend at this time. Pay close attention to the resistance zone of 0.0231-0.0232. 2. Position and Risk Management Recommendations: We recommend short with a small position size, using a trial order strategy. Strictly set a stop loss above 0.02325, and set a take profit target around 0.0228. Trade quickly to avoid holding positions for too long and risking a pullback. If the price breaks through 0.0233, exit the position decisively with a stop loss. 3. Suitable for trading styles: This strategy is more suitable for aggressive short-term traders. It relies on short-term technical resistance levels and subtle changes in capital flow to quickly enter and exit the market. It emphasizes quick entry and exit and is not suitable for holding positions for too long. It is suitable for capturing high-frequency oscillating markets where rebounds are quick to exit.
STABLE: Summary of hummus community discussions (06:00:09 ~ 07:00:09)
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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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